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china zheshang bank: a total of 87 real estate "white list" projects have been launched

2024-09-24

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beijing news shell finance reported on september 24 that data released by china zheshang bank showed that since the launch of the urban real estate financing coordination mechanism, china zheshang bank has taken active action and has currently hosted 87 "white list" projects of the coordination mechanism, with a total approved credit amount of approximately 32.3 billion yuan and a cumulative investment amount of approximately 13.9 billion yuan.
yin jianfeng, chief economist of china zheshang bank, said that the real estate industry has a wide range of driving effects on upstream, midstream and downstream industries, and is the key link in stabilizing the industrial chain. stabilizing real estate is the cornerstone of stabilizing china's financial system. the intensive introduction of real estate support policies has played a "boosting" role in promoting the stable development of the real estate market and boosting investment and consumer demand.
yin jianfeng said that the switch from the past real estate development model to the new model is not achieved overnight, and the risks left over from the past model need to be resolved first. the introduction of various real estate support policies such as the coordination mechanism is an important measure to resolve risks and promote the switch of real estate development models. it can be seen that with the steady advancement of the coordination mechanism, the supply side of the real estate industry has basically stabilized, and the momentum of rapid decline in housing prices in some cities has been curbed. in the future, with the active fiscal and monetary policies exerting force on the demand side, china's real estate industry and even the chinese economy will surely be able to enter a healthy track of steady development.
editor jiang fan
proofread by liu jun
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