China implements new economic support measures including interest rate cuts and mortgage subsidies
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People's Bank of China, Ministry of Finance
China
September 29, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 19/29/2026, 3:31:16 PM
PBOC cuts pledged supplementary lending (PSL) rate by 25 basis points. Government introduces interest subsidies for first-time homebuyers starting October 1. Increased relending quotas for sci-tech, farm, small businesses, and private enterprises.
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