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Beijing News (Reporter Kou De Na) On July 15, the Hubei Financial Regulatory Bureau issued an announcement disclosing that Hubei Province has continued to deepen the implementation of the urban real estate financing coordination mechanism. As of now, three batches of "white list" projects totaling 249 have been completed, with a project approval rate of 100%, a financing amount implementation rate of 99.57%, and an approved financing amount of 66.2 billion yuan.

The Hubei Financial Regulatory Bureau stated that it will earnestly implement the Financial Regulatory Administration’s “guaranteed delivery of houses” work deployment, continue to promote the urban coordination mechanism to play a positive role, actively implement the 16 measures of financial support for real estate and the “new ten” real estate policies of Hubei Province, cooperate in digesting existing properties and optimizing incremental housing, guide financial institutions to increase financial support for the real estate market from both the supply and demand sides, promote the construction of a new real estate development model, and promote the stable and healthy development of the market.

Editor Yang Juanjuan

Proofread by Yang Li