The Zhitong Finance App learned that recently, the People's Bank of China and the State Administration of Financial Supervision and Administration issued “Opinions on Reforming and Improving Real Estate Credit Management and Promoting the Accelerated Construction of a New Model for Real Estate Development”, and heads of relevant central bank departments answered questions from reporters on related issues. The “Opinion” focuses on optimizing the two core systems of development loans and personal housing loans, extending the personal housing loan period from a maximum of 30 years to a maximum of 40 years, and strengthening the link between personal housing loans and development loans.

The Zhitong Finance App learned that recently, the People's Bank of China and the State Administration of Financial Supervision and Administration issued “Opinions on Reforming and Improving Real Estate Credit Management and Promoting the Accelerated Construction of a New Model for Real Estate Development”, and heads of relevant central bank departments answered questions from reporters on related issues. The “Opinion” focuses on optimizing the two core systems of development loans and personal housing loans, extending the personal housing loan period from a maximum of 30 years to a maximum of 40 years, and strengthening the link between personal housing loans and development loans.