(Beijing News) At the symposium, the three major regulatory authorities in China asked financial institutions to meet the reasonable financing needs of different ownership real estate enterprises, and to "lend, draw, break loan" for normal real estate companies.
According to the official website of the People's Bank of China, the Central Bank of China, the State Administration of Finance Supervision and the Securities Regulatory Commission jointly held a symposium on financial institutions on Friday (November 17) to study key tasks such as recent real estate finance, credit offering, and financing platform debt risk.
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.Personal housing loan policy has strived to stabilize the real estate market and achieved good results.
The meeting requested that all financial institutions should continue to use the "second arrow" to support private housing companies to issue debt financing and support real estate enterprises with reasonable equity financing through the capital market.
The meeting also requires that all financial institutions should continue to cooperate with local governments and relevant departments, adhere to the principle of marketization and rule of law, 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.
