The People's Bank of China claimed that it launched 350 billion yuan (RMB, Same as S $ 65.38 billion in S $ 65.38 billion) last year, and set up a 200 billion yuan loan support plan.

The People's Bank of China issued a China Regional Financial Operation Report (2023) on the official website on Thursday (November 9), which mentioned that it can adapt to a new situation of major changes in the supply and demand relationship of the real estate market and adjust the optimization of real estate policies in a timely manner.Promote the steady and healthy development of the real estate market.

Report mentioned that financial services in the guarantee of diplomatic relations are solidly advanced.In 2022, the People's Bank of China launched a special borrowing of 350 billion yuan to insured the Bank, setting up a 200 billion yuan loan support plan to guide commercial banks to provide supporting financing support to meet the reasonable financing needs of the industry.

In addition, the report also mentioned that in 2023, a new situation in which will adapt to the major changes in the supply and demand relationship of the real estate market, adjust the optimization of real estate policies in a timely manner, and promote the steady and healthy development of the real estate market.