Therefore, under the revised framework, it is proposed to do away with the prescribed ceiling and mandate all lenders to have a board approved policy on all-inclusive interest rate charged to the micro finance borrowers.
Therefore, its healthy development is of great significance to the overall economy. The housing market is undergoing some adjustments. Joining hands with relevant ministries and local governments, we have tailored policy solutions to local specificities. Such tools include cutting mortgage rates and down payment ratios, with an aim of supporting real housing needs.