On September 30, the Bank of China announced that in order to thoroughly implement the relevant decisions and arrangements of the Party Central Committee and the State Council, support the rigid housing needs of urban and rural residents, and effectively reduce the interest burden on eligible homebuyers, the Bank of China will actively implement the spirit of the “Notice on Implementing the Interest Rate Discount Policy for Residents' Home Purchase Loans” and related requirements. Starting October 1, 2026, it will carry out financial interest rate reduction work on commercial personal housing loans that meet the policy requirements to ensure that policy dividends benefit consumers. At the same time, the processing process will be optimized and the procedures will be simplified.

On September 30, the Bank of China announced that in order to thoroughly implement the relevant decisions and arrangements of the Party Central Committee and the State Council, support the rigid housing needs of urban and rural residents, and effectively reduce the interest burden on eligible homebuyers, the Bank of China will actively implement the spirit of the “Notice on Implementing the Interest Rate Discount Policy for Residents' Home Purchase Loans” and related requirements. Starting October 1, 2026, it will carry out financial interest rate reduction work on commercial personal housing loans that meet the policy requirements to ensure that policy dividends benefit consumers. At the same time, the processing process will be optimized and the procedures will be simplified.