Huiyang, an institution at the county level, said that the China Municipal Bureau announced a series of financial support measures for the real estate industry, and the new measures encouraged domestic banks to more actively provide "guaranteed delivery" financing and provide temporary liquidity support to housing enterprises in the financial sector. However, it is because it is not yet certain whether the real estate industry can implement these measures.

Huifeng believes that a wide range of new sales are still a key factor in the continuous improvement of the mobility of housing enterprises, and the recovery in demand depends on the recovery of confidence and employment prospects of property owners, and most importantly on the sustainability of China's epidemic prevention measures. Hui also pointed out that, of course, the Bureau has strengthened its support for "guaranteed delivery", but the uncertainty or persistence of whether housing enterprises can deliver private housing on time will continue to affect the situation of families entering the market, so it is expected that the sale of new homes next year will be roughly the same as that of the previous year, and the impact of the new policy has yet to be reviewed.

The new policy shows that the regulatory bureau is determined to curb financial crisis in the medium and long term, and is expected to rely more on public departments and financial institutions to solve the problem of real estate industry crisis, support economic development, and expect the long-term position of real estate speculation to remain unchanged. However, the bank also warned that the pace of real estate industry financing is still highly uncertain, and that if the new policy is implemented effectively, the bank's increased support for the real estate industry will reduce its exposure to existing real estate loans, but if the real estate industry is unsustainable for a long time, the bank's real estate loan exposure will increase or lead to a significant decline in its assets and profitability.