Xinhua News Agency, Beijing, January 26th (Reporter Wang Youling) The Ministry of Housing and Urban-Rural Development held the deployment meeting of the coordination mechanism of urban real estate financing on the 26th. The reporter learned from the meeting that the acceleration of the coordination mechanism of urban real estate financing is effective, and the first batch of projects "white list" is expected to land before the end of January and strive for loans.
The meeting pointed out that the establishment of urban real estate financing coordination mechanism is an important measure to implement the decision-making arrangements of the CPC Central Committee and the State Council, meet the reasonable financing needs of real estate enterprises with different ownership equally, and promote a virtuous circle of finance and real estate. The people’s governments of cities at or above the prefecture level should effectively play a leading and coordinating role, quickly establish and operate the coordination mechanism of urban real estate financing, timely judge the local real estate market situation and real estate financing demand, strengthen overall planning, refine policies and measures, build a communication platform between government, banks and enterprises, promote the accurate docking of real estate enterprises and financial institutions, and coordinate and solve the difficulties and problems existing in real estate financing.
The meeting emphasized that the orderly development and construction of the project is the basis for the stable and healthy operation of the real estate market and is related to the vital interests of the people. In view of the current financing problems of some real estate projects, all localities should focus on projects, study and put forward a list of real estate projects that can be given financing support, coordinate the issuance of loans by financial institutions within their respective administrative regions, and accurately and effectively support reasonable financing needs.
The Ministry of Housing and Urban-Rural Development and the General Administration of Financial Supervision have recently issued a circular, clearly giving full play to the leading coordinating role of the urban people’s government, establishing a coordination mechanism for urban real estate financing in cities at prefecture level and above, judging the real estate market situation and real estate financing demand, and coordinating and solving the difficulties and problems existing in real estate financing. According to the principle of fairness and justice, based on the development and construction of real estate projects and the relevant situation of project development enterprises, a list of real estate projects that can be given financing support is put forward, and financial institutions are promoted to do a good job in financing support.