More real estate financing coordination mechanisms established in China
Release time:2024-05-21 14:20:49
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
What a blast to work at NASA. Space agency is sky
WASHINGTON (AP) — Exploring the cosmos makes for happy employees, federal workers like to work from2024-05-21Mangrove forest in Jiangjing Township of Fuqing, SE China's Fujian
Aerial photo taken on April 19, 2022 shows herons in a mangrove forest in Jiangjing Township of Fuqi2024-05-21Xi Meets with Senior CPV Official
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Scenery of Xilingol Grassland in Inner Mongolia
Sheep forage on the Xilingol Grassland in north China's Inner Mongolia Autonomous Region, July 12, 22024-05-21Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
MANILA, Philippines (AP) — The Philippines blamed Chinese fishermen on Monday for a massive loss of2024-05-21Xi Visits City of Cangzhou in North China's Hebei Province
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21
atest comment