Central Bank: Leading financial institutions to support real estate sector restructuring and mergers to enhance the assets and liabilities of major real estate companies

Yi Gang, governor of the central bank, chaired a meeting on December 20 to convey the spirit of learning from the Central Economic Work Conference and study, implement and implement the work. The meeting proposed that we currently focus on four tasks: accurately and effectively implementing sound monetary policy; increase financial support to domestic demand and supply systems; promote the smooth and sound functioning of finance; deepen financial reform and opening up. In terms of promoting the stable and healthy functioning of the financial sector, the meeting clarified that we must adhere to the positioning that houses are for living, not for speculation, implement differentiated housing credit policies according to cities, meet reasonable financing needs of the sector and support rigid and improved housing needs. ; Lead financial institutions to support restructuring and mergers of the real estate sector, promote risk prevention and resolution in the best high-quality real estate companies, and improve the equity and liability status of major real estate companies.