Li Yunze: So far, commercial banks have approved more than 5,700 whitelist projects

On September 24th, Li Yunze, director of the State Financial Supervision and Administration, said that the State Administration of Finance and the Ministry of Housing and Urban-Rural Development have established an urban real estate investment coordination mechanism. As of now, commercial banks have approved more than 5,700 whitelisted projects, and the approved financing amount has reached 1.43 trillion. More than 4 million housing units are delivered on schedule. In order to support rigid and improved housing demand, the State Administration of Finance will cooperate with the People's Bank of China to actively promote the commission to reduce the interest rate of stock housing loans, reduce household housing loan expenses, and improve the people's sense of gain. At the same time, it will further promote the implementation of the urban financing coordination mechanism to be effective, win the battle to guarantee the delivery of housing, and promote the stable and healthy development of the real estate market