Xi'an has introduced new housing policies to lower the threshold for home purchases.Under those policies, the provident fund is now allowed to be directly used for down payments on new homes, while down payment ratios and loan interest rates have also been reduced.Related NewsNBS: CN Real Estate Mkt Still in Correction; Mkt Supply/ Demand Needs ImprovementIn addition, the scope of the financing whitelist for real estate companies will be expanded, loan approval processes will be optimized, and the range for cross-regional provident fund loans will be extended to the Guanzhong Plain urban agglomeration and in-province contributors.