I learned from the Ministry of Housing, Urban-Rural Development that at present, 31 provinces across the country and the Xinjiang Production and Construction Corps have established provincial real estate financing coordination mechanisms, and all prefecture-level cities (excluding municipalities directly under the Central Government) have established urban real estate financing coordination mechanisms, proposed in batches a “white list” of real estate projects that can be supported with financing and promoted to commercial banks. Currently, this work is progressing positively. As of March 31, of the “white list” projects promoted in various regions, 1979 projects had received a total of 469.03 billion yuan in bank credit, and 1,247 projects had received loans of 155.41 billion yuan. (CCTV News)
所有地级及以上城市已建立房地产融资协调机制
All prefecture-level cities and above have established real estate financing coordination mechanisms
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