Central Bank: For households with loans to buy homes, commercial personal housing loans no longer distinguish between first and second housing units, and the minimum down payment ratio is unified at no less than 15%. On the basis of the nationally unified minimum down payment ratio, each provincial branch of the People's Bank of China and the various dispatching agencies of the State Financial Supervision and Administration independently determine whether each city in its jurisdiction has set a differentiated minimum down payment ratio policy in accordance with the policy principles of each city under its jurisdiction and the regulatory requirements of each city in its jurisdiction, and determines the lower limit of the minimum down payment ratio for each city in its jurisdiction.

Central Bank: For households with loans to buy homes, commercial personal housing loans no longer distinguish between first and second housing units, and the minimum down payment ratio is unified at no less than 15%. On the basis of the nationally unified minimum down payment ratio, each provincial branch of the People's Bank of China and the various dispatching agencies of the State Financial Supervision and Administration independently determine whether each city in its jurisdiction has set a differentiated minimum down payment ratio policy in accordance with the policy principles of each city under its jurisdiction and the regulatory requirements of each city in its jurisdiction, and determines the lower limit of the minimum down payment ratio for each city in its jurisdiction.