China encourages loan issuance for rental housing groups

China encourages loan issuance for rental housing groups
Representative image Image Credit: Pixabay
  • Country:
  • China

China's central bank and banking and insurance regulator on Friday encouraged commercial banks to issue loans for the purchase of housing by rental housing groups.

The China Banking and Insurance Regulatory Commission and the People's Bank of China on Friday jointly released a consultation paper on supporting housing leasing market development.

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