China Lowers Downpayment Ratio for Commercial Property to 30%

The People’s Bank of China has lowered the minimum downpayment ratio for commercial property purchases to 30%, the central bank said in a statement Saturday.

The central bank said the move — which also applies to mixed‑use commercial‑residential units — aims to support “the new real‑estate development model and adapt to changing supply‑demand dynamics.” Before the reduction, minimum downpayment ratios for such transactions were around 50%.