央行重磅发布“大礼包”

Group 1 - The central bank has lowered the interest rates of various structural monetary policy tools by 0.25 percentage points, with the one-year re-lending rate now at 1.25% [3] - The weighted average interest rates for newly issued corporate loans and personal housing loans are approximately 3.1%, having decreased by 2.5 percentage points and 2.6 percentage points respectively since the second half of 2018 [3] - The minimum down payment ratio for commercial property loans has been reduced to 30% [3] Group 2 - The central bank has increased the re-lending quota for technological innovation and technical transformation loans from 800 billion to 1.2 trillion yuan, expanding the support scope to include high R&D investment private SMEs [3] - The central bank has integrated agricultural and small enterprise loans with re-discounting, increasing the quota by 500 billion yuan, with a dedicated re-lending quota of 1 trillion yuan for small private enterprises [3]