Implementing the new policy of housing provident fund loans in many places.

The People's Bank of China announced a decrease in the individual housing provident fund loan interest rate by 0.25 percentage points starting from May 8th, and there is a lot of attention on how the interest rates for existing provident fund loans will be adjusted. According to incomplete statistics, Beijing, Shanghai, Shenzhen, Guangzhou, Changsha, Xi'an, Ningbo, Nanjing, Kunming, Harbin, Yinchuan, Henan and other places have already issued notices to implement the new policy of lowering provident fund loan interest rates, with many places specifying the policy for adjusting interest rates on existing housing loans.