The central bank: The local state-owned enterprises and their affiliated groups selected for the acquisition shall not involve hidden debts of local governments and shall not be government financing platforms
2024-05-17 08:48:39
On May 17, Tao Ling, deputy governor of the People's Bank of China, talked about the refinancing of affordable housing, saying that the acquisition subject is selected by the city government, and the selected local state-owned enterprises and their affiliated groups shall not involve the hidden debt of the local government and shall not be a government financing platform. At the same time, it should have the credit requirements and credit space of the bank. Purchase purposes and purchased commercial houses are used for affordable housing placement or leasing.
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