Xi'an: Allow the direct payment of housing provident fund for the down payment of newly built commercial housing.

Today, the Xi'an Housing and Urban-Rural Development Bureau and other departments jointly issued the "Xi'an Measures for Promoting the Stable and Healthy Development of the Real Estate Market". The measures mention deepening financial support for the real estate sector, implementing financial policies such as lowering down payments and interest rates. They also expand the scope of the "white list" for real estate financing companies, optimize the loan approval process, and increase financing support for commercial projects. In addition, they increase support for housing provident fund, allowing direct payment of down payments for newly constructed commercial housing using the provident fund. The scope of provident fund loans for home purchases in different regions is expanded to include the cities in the Guanzhong Plain urban agglomeration and the employees who deposit funds in the province.