Urban real estate buildings are seen behind blooming phoenix flowers in Nanning, South China's Guangxi Zhuang Autonomous region, May 17, 2024. On the same day, the People's Bank of China issued three real estate financial policies, including reducing the minimum down payment ratio of personal housing loans, reducing the interest rate of personal housing provident fund loans, and canceling the national level of the first housing and two housing commercial personal housing loan interest rate policy limit.
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