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英文原文

Shanghai, China's economic hub, announced late Sunday that it will further optimize local property policies to better meet people's living demand, including lowering the threshold for non-local buyers, reducing down payment for both first-time and second home purchase, and expand VAT exemption during home trading, according to official sources.

中国经济中心上海周日晚间宣布，将进一步优化当地房地产政策，以更好地满足人们的居住需求，包括降低非本地购房者的购房门槛、减少首套房和二套房的首付比例，以及在房屋交易过程中扩大增值税免征范围，官方消息显示。

Non-local families or single buyers are eligible to buy residential properties beyond the city's Outer Ring Road as long as they have paid tax in Shanghai for one year, compared with previous requirement of three years or above, said a notice on further optimizing the policies and measures of Shanghai's real estate market published by the municipal government on Sunday night.

上海市政府周日晚间发布的《关于进一步优化本市房地产市场政策措施的通知》指出，非沪籍家庭或单身购房者只需在上海缴纳一年个人所得税或社会保险，即可购买外环以外的住宅，而此前这一要求为三年及以上。

Taking effect from Tuesday (Oct 1), the seven-item notice also includes allowing non-local families to enjoy home-buying treatment as local families as long as members of the families have paid tax in Shanghai for three years, cutting existing home mortgage rates, lowering down payment requirement and reducing home transaction cost.

该通知包含七项内容，自周二（10月1日）起生效，还包括允许非沪籍家庭在家庭成员缴纳上海社保或个税满三年后享受与本地家庭同等的购房待遇、降低现有住房按揭贷款利率、下调首付比例以及降低房屋交易成本。

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