On February 20, the Housing Security and Housing Administration of Xiamen City, Fujian Province released news that the Xiamen Municipal Committee and Municipal Government attached great importance to the work related to the real estate financing coordination mechanism and promptly set up a special working group on the Xiamen Real Estate Financing Coordination Mechanism to study and form a list of the first batch of eligible projects and push them to banks and financial institutions. They have supported the total financing requirements of 2,229 billion yuan for the two projects. The two projects are the Baolong Xuhui City Project in Tong'an District and the Ocean Scenic Project in Tong'an District. The Baolong Xuhuicheng project in Tong'an District has received about 1,212 billion yuan in financing support from the Bank of Communications through adjustments to repayment arrangements, etc.; the Tong'an District Ocean Scenic Project has received about 1,017 billion yuan in financing support from CCB through adjustments to repayment arrangements, etc.
厦门：首批融资支持房地产清单推送至银行，已有两个项目获22亿元融资支持
Xiamen: The first batch of financing-supported real estate listings has been pushed to banks. Two projects have already received 2.2 billion yuan in financing support
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