Since this year, in order to support economic recovery and improvement, the central bank has implemented major monetary policy adjustments three times in February, May, and July. In late September, the central bank quickly implemented another package of incremental policies, including reducing deposit reserve ratios and policy interest rates, reducing interest rates on existing mortgages, and creating structural monetary policy tools to support the steady development of the stock market. Authoritative experts said that the policy mix introduced by the central bank this time is in line with actual needs, is unconventional and powerful, and has grasped the two key points of the real estate and capital markets. Market sentiment was excited, and the social response was good. Authoritative experts believe that this round of real estate market adjustments has lasted longer than before, and market confidence continues to be weak, which has had an impact on the operation of the economy. Judging from the monetary policy operation this year, the central bank is focusing on pushing all parties to reach consensus and take good care of this key point in the real estate market.

Since this year, in order to support economic recovery and improvement, the central bank has implemented major monetary policy adjustments three times in February, May, and July. In late September, the central bank quickly implemented another package of incremental policies, including reducing deposit reserve ratios and policy interest rates, reducing interest rates on existing mortgages, and creating structural monetary policy tools to support the steady development of the stock market. Authoritative experts said that the policy mix introduced by the central bank this time is in line with actual needs, is unconventional and powerful, and has grasped the two key points of the real estate and capital markets. Market sentiment was excited, and the social response was good. Authoritative experts believe that this round of real estate market adjustments has lasted longer than before, and market confidence continues to be weak, which has had an impact on the operation of the economy. Judging from the monetary policy operation this year, the central bank is focusing on pushing all parties to reach consensus and take good care of this key point in the real estate market.