Potential homebuyers look at a residential property model in Shanghai. Provided to CHINA DAILY
Thursday\’s decision to ease home purchase restrictions in both Beijing and Shanghai is expected to stimul
Tag: lowering
China\’s big lenders further cut deposit interest rates
BEIJING, Dec. 22 (Xinhua) — China\’s major state-owned commercial banks further lowered nominal deposit interest rates on Friday to enhance the sustainability of serving the real economy and ensure st
Explainer: What do China\’s eased mortgage policies mean for home buyers, property sector
BEIJING, Sept. 1 (Xinhua) — China\’s financial authorities eased mortgage policies on Thursday in an effort to better meet housing demand and promote sound development of the property sector. Here is
Experts suggest interest rate cuts to boost demand
File photo shows an exterior view of the People\’s Bank of China in Beijing. [Photo/Xinhua]
China may need to comprehensively reduce interest rates in the near future, ranging from lending rates for ho
China signals fresh policy support to buoy property sector recovery
BEIJING, Aug. 1 (Xinhua) — China\’s property sector is expected to revive on incremental policy support as the government reiterates the sector\’s important role in driving a broader economic recovery.
Application scenarios of new energy keep expanding in China
A wind farm consisting of 125 smart wind turbines is currently under construction in the Kazak autonomous county of Mori, Changji Hui autonomous prefecture, northwest China\’s Xinjiang Uygur autonomous