Dong Jianguo, deputy director of the Ministry of Housing and Urban -Rural Development, said on Wednesday (December 13) that it is inaccurate to call some of the debt defaults of some housing companies as "explosive thunder" and "fund chain break".Dong Jianguo also said that the Ministry of Housing and Construction will continue to cooperate with the financial management department to meet the reasonable financing needs of different ownership real estate companies, support real estate companies with tight temporary capital chain to solve the problem of short -term cash flow, and promote its normal operation.
According to the China CCTV News client, Dong Jianguo said at the China Economic Annual Conference held on the day that in response to the risk of debt defaults on some housing companies, the financial management department has issued a series of support policies, but the risks have emergedQing also needs a process, which will continue to cooperate with the financial management department to implement the implementation of various policies, treat them equally, meet the reasonable financing needs of different ownership real estate companies, and support the tension of real estate companies with temporary capital chain to solve the problem of short -term cash flow, promote it to promote itReturn to normal operations.
For companies that have caused the non -debt and losing their operating capabilities in violation of laws and regulations, Dong Jianguo pointed out that it is necessary to clear the law of the fittest in accordance with the principle of rule of law and marketization.In the society, the debt defaults of housing companies are called "explosive thunder" and "fund chain break", and the practical terms are inaccurate.
Dong Jianguo said that housing companies are generally the structure of the group company to add project companies. The group company and project company are independent legal persons.Operations continue.For example, a large housing company had debt defaults in the first half of last year, but from January to November this year, the sales revenue of nearly 80 billion yuan (RMB and about S $ 15.1 billion) still achieved debt reorganization.
Dong Jianguo said that if the debt defaults are equivalent to "explosive thunder" or "fund chain break", it will cause the enterprise to completely stop the wrong understanding, lead to the crisis of trust in enterprises, and then impact the market sales and intensifyEnterprise difficulties.In all aspects, we should rationally treat the problems of the real estate market and jointly maintain the steady and healthy development of the real estate market.
