BEIJING, Oct 17 Reuters China has rolled out a flurry of support measures in recent months to revive its property sector which has been in crisis since policymakers began cracking down on the industry39;s debt levels in 2021.
But analysts have said they are not enough to turn around the sector any time soon.
The following is a list of recent measures for the sector which accounts for roughly a quarter of the world39;s secondlargest economy.
Sept. 14 China39;s central bank said it would cut the amount of cash that banks must hold as reserves for the second time this year to boost liquidity.
Sept 1. China is set to take further action, sources said. Proposed measures include lifting homepurchasing curbs in noncore districts of major cities such as Beijing, Shanghai and Shenzhen and gradually removing price caps on new homes, they said.
Aug. 31 China39;s central bank and financial regulator ease some borrowing rules for homebuyers, including lowering existing mortgage rates for firsthome buyers and the down payment ratio in some cities.
Aug. 30Sept. 1 Major Chinese cities say they will allow people to take preferential loans for firsthome purchases regardless of their credit record.
Aug. 25 Local governments are permitted to scrap a mortgage rule so that people who have bought a home but then sold it having repaid their mortgage, can get preferential loans as firsttime homebuyers, according to state media Xinhua.
Aug. 25 China39;s cabinet approved guidelines…