# 中国央行

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Recently, the Central Bank of China announced a 25 basis point (BP) cut on October 21, 2024. It has cumulatively reduced interest rates by 60 BPs this year, initiating a new round of interest rate cuts. During this interest rate cut cycle, the investment returns of residential and commercial properties may see significant improvement.
This article will mainly analyze from several dimensions such as industry status, monetary policy, central and local policies, and comparison of investment returns at home and abroad.
Industry Status
In cities such as Guangzhou, Shenzhen, Beijing, and Chengdu, in
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