A number of ministries and commissions set up a joint working group to plan the launch of real estate "major measures"
2024-05-16 13:10:31
On May 16th, the real estate industry continued to decline, and policy measures aimed at digesting existing real estate and optimizing incremental housing were in the pipeline. The reporter confirmed from multiple channels that before the afternoon policy briefing, the State Council will organize a meeting on real estate work on the morning of May 17th, and may announce relevant measures in the real estate field at that time. The People's Bank of China, the Ministry of Housing and Urban-Rural Development, the State Financial Supervision and Administration, the Ministry of Finance, relevant leaders of local governments and heads of large Financial Institutions Groups such as state-owned banks will all attend the meeting. On May 16th, some relevant heads of joint-stock banks headquartered in Beijing have left for Beijing to prepare for the meeting.
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