All mainland cities establish real estate financing coordination mechanism

According to the latest report, all mainland cities at prefecture level and above have established a real estate financing coordination mechanism, which will help strengthen the supervision and management of the real estate market and promote the healthy development of the industry.

Bank credit status

As of March 31, a total of 1,979 projects among the "white list" projects promoted by various regions have received bank credit of RMB 469.03 billion. Among them, 1,247 projects have received loans of 155.41 billion yuan.

Loan disbursement status

These data show that banks’ support for real estate projects continues to increase, providing strong financial support for the development of the real estate industry. At the same time, it also shows that local governments are continuously strengthening their supervision of the real estate market.

Reuters report

According to Reuters, this series of measures will help prevent bubbles in the real estate market and protect market stability and the legitimate rights and interests of investors. In the future, we will continue to pay attention to the dynamics of the real estate market and provide investors with timely information and suggestions.

• Strengthen real estate market supervision
• Promote the healthy development of the industry
• Provide strong financial support
• Prevent real estate market bubbles
• Protect the legitimate rights and interests of investors