Chinese banks to hold differentiated housing loans

 　　BEIJING, March 1 (Xinhua) -- China's four biggest state-owned banks said Thursday they will continue implementing¹ the differentiated² housing loan policy.

　　The four state-run lenders, dubbed³ "the Big Four," are Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China.

　　The lenders said they would stick to the government's macro control policies over the housing market and abide⁴ by the principle of making progress while maintaining stability.

　　They said they would also strive to improve financial services to affordable⁵ housing projects and boost sustained, steady and healthy development of the property sector⁶.

　　The Big Four will roll out reasonable interest rates on mortgages for first home purchases based on the central bank's benchmark interest rate. They will also finance qualified⁷ developers to construct ordinary commercial housing to meet the market demand.

　　Meanwhile, the banks said they would strongly support the government-engineered affordable housing programs.

　　To cool its runaway⁸ housing market, China has introduced tightening⁹ measures including the differentiated home loan policy.

　　Under the scheme, bank loans for third home purchases are suspended. First home buyers are required to put down at least 30 percent of the home price to get a loan, while second home buyers have to pay no less than 50 percent as down payments.

　　The People's Bank of China, the central bank, said earlier last month that it would continue to carry out a prudent¹⁰ monetary¹¹ policy this year.

　　The central bank said it will also keep the differentiated housing loan policy in 2012 and will give more support to the affordable housing projects.

1 implementing   

v.实现( implement的现在分词 )；执行；贯彻；使生效

参考例句：

• -- Implementing a comprehensive drug control strategy. ――实行综合治理的禁毒战略。 来自汉英非文学 - 白皮书
• He was in no hurry about implementing his unshakable principle. 他并不急于实行他那不可动摇的原则。 来自辞典例句

2 differentiated   

区分，区别，辨别( differentiate的过去式和过去分词 )； 区别对待； 表明…间的差别，构成…间差别的特征

参考例句：

• The development of mouse kidney tubules requires two kinds of differentiated cells. 小鼠肾小管的发育需要有两种分化的细胞。
• In this enlargement, barley, alfalfa, and sugar beets can be differentiated. 在这张放大的照片上，大麦，苜蓿和甜菜都能被区分开。

3 dubbed   

v.给…起绰号( dub的过去式和过去分词 )；把…称为；配音；复制

参考例句：

• Mathematics was once dubbed the handmaiden of the sciences. 数学曾一度被视为各门科学的基础。
• Is the movie dubbed or does it have subtitles? 这部电影是配音的还是打字幕的？ 来自《简明英汉词典》

4 abide   

vi.遵守；坚持；vt.忍受

参考例句：

• You must abide by the results of your mistakes.你必须承担你的错误所造成的后果。
• If you join the club,you have to abide by its rules.如果你参加俱乐部，你就得遵守它的规章。

5 affordable   

adj.支付得起的，不太昂贵的

参考例句：

• The rent for the four-roomed house is affordable.四居室房屋的房租付得起。
• There are few affordable apartments in big cities.在大城市中没有几所公寓是便宜的。

6 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

7 qualified   

adj.合格的，有资格的，胜任的，有限制的

参考例句：

• He is qualified as a complete man of letters.他有资格当真正的文学家。
• We must note that we still lack qualified specialists.我们必须看到我们还缺乏有资质的专家。

8 runaway   

n.逃走的人，逃亡，亡命者；adj.逃亡的，逃走的

参考例句：

• The police have not found the runaway to date.警察迄今没抓到逃犯。
• He was praised for bringing up the runaway horse.他勒住了脱缰之马受到了表扬。

9 tightening   

上紧，固定，紧密

参考例句：

• Make sure the washer is firmly seated before tightening the pipe. 旋紧水管之前，检查一下洗衣机是否已牢牢地固定在底座上了。
• It needs tightening up a little. 它还需要再收紧些。

10 prudent   

adj.谨慎的，有远见的，精打细算的

参考例句：

• A prudent traveller never disparages his own country.聪明的旅行者从不贬低自己的国家。
• You must school yourself to be modest and prudent.你要学会谦虚谨慎。

11 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。