The three major financial regulatory authorities in China jointly held a symposium on financial institutions to ask financial institutions to meet the reasonable financing needs of different ownership real estate enterprises, and to "do not hesitate to loans, draw loans, and break loans" for normal operating real estate enterprises, and continueSupport private housing enterprises to issue debt financing.
According to the official website of the China Securities Regulatory Commission, the People's Bank of China, the General Administration of Financial Supervision, and the China Securities Regulatory Commission jointly held a financial institution forum on Friday (November 17) to study recent real estate finance, credit offering, and financing platform debtKey work such as risk resolution.
The meeting emphasized that in the past, the financial sector actively cooperated with the industry authorities and local governments to comprehensively apply from both ends of the supply and demand of the real estate market to maintain stable key financing channels such as credit, bonds, and equity.All financial institutions must thoroughly implement the deployment of the Central Financial Work Conference, "One treaties to meet the reasonable financing needs of different ownership real estate companies, and do not hesitate to loan, draw loans, and break loans for normal real estate companies."Continue to make good use of the "second arrow" to support private real estate companies' debt financing, and support real estate companies reasonably equity financing through the capital market.
The meeting also required that we must continue to cooperate with local governments and relevant departments, adhere to the principle of rule of law and marketization, increase financial support for insurance, and promote industry mergers and acquisitions and reorganization.It is necessary to actively serve the construction of "three major projects" such as affordable housing, accelerate the reform of real estate financial supply side, and promote the construction of a new model of real estate development.
The meeting also mentioned that the financial department should cooperate with local governments to solve the stock and strictly control new debts in accordance with the principles of marketization and rule of law.Financial institutions should improve the working mechanism, highlight the key points, classify policies, and carry out equal negotiation with the financing platform. Through the exhibition period, the new and old, replacement and other methods, the debt cost and optimization period structure can be reasonably reduced to ensure that the implementation of financial support for local debt risk resolution work implementationFall in detail.
The meeting also mentioned that it is necessary to implement the requirements of cross -cycle and inverse cycle regulation, focus on strengthening the balanced credit of credit, and consider the credit release of the two months of this year and the beginning of the year next year.Sexual promotion of stable economic growth.It is necessary to optimize the fund supply structure, revitalize existing financial resources, increase financial support for major strategies, key areas and weak links, and enhance the sustainability of financial support for the real economy.
