More real estate financing coordination mechanisms established in China
Release time:2024-05-21 11:59:07
BEIJING, April 3 (Xinhua) -- China has established provincial-level real estate financing coordinati 。
BEIJING, April 3 (Xinhua) -- China has established provincial-level real estate financing coordination mechanisms in 31 provincial-level regions and the Xinjiang Production and Construction Corps, and city-level real estate financing coordination mechanisms in all cities at prefecture level and above, official data showed Wednesday. By the end of March, a total of 1,979 property projects had obtained bank credit of about 469 billion yuan (about 66.1 billion U.S. dollars), and some 1,247 project received loans worth more than 155.4 billion yuan, according to the Ministry of Housing and Urban-Rural Development. China in January announced a plan to establish a financing coordination mechanism for the real estate sector with the aim of satisfying the legitimate financing needs of property projects and supporting the stable and sound growth of the market.
(Editor:Liao Yifan)
Related articles
Messi in and Dybala out in Argentina squad for pre
BUENOS AIRES, Argentina (AP) — Lionel Messi is in and Paulo Dybala is out of Argentina’s squad for f2024-05-21Algeria hosts 23rd 'Chinese Bridge' language competition for university students
The final round of the 23rd "Chinese Bridge" language competition for university students2024-05-21A bomb attack in northern Kenya kills 5 people near the border with Somalia
NAIROBI, Kenya (AP) — Five people have been killed in a bomb attack in northern Kenya, the interior2024-05-21China ready to strengthen high
China is willing to strengthen high-level exchanges with France, give play to the leading role of he2024-05-21Ship that caused Baltimore bridge collapse has been refloated
BALTIMORE (AP) — The container ship that caused the deadly collapse of Baltimore’s Francis Scott Key2024-05-21- A visitor tries a space helmet originating from "The Wandering Earth", a Chinese sci-fi bl2024-05-21
atest comment