The People's Bank of China and the CBRC issued a notice on the 29th, deciding to adjust the differentiated housing credit policy in stages. The eligible city government can decide to maintain, reduce or cancel the lower limit of the interest rate of the first set of new housing loans by the end of 2022. Relevant people of the People's Bank of China said that the introduction of this policy measure is conducive to supporting the city government to "implement policies based on the city" and make full use of the policy toolbox to promote the stable and healthy development of the real estate market. Within the scope of local policies, banks and customers can negotiate to determine the specific interest rate level of new housing loans, which is conducive to reducing residents' interest expenditure and better supporting rigid housing demand. (Liu Xinshe)