On the morning of January 26, the Ministry of Housing and Urban-Rural Development held a meeting to deploy the urban real estate financing coordination mechanism. Ni Hong, Party Secretary and Minister of the Ministry, attended the meeting and emphasized the need to thoroughly implement the spirit of the Central Economic Work Conference, accelerate the implementation and effectiveness of the urban real estate financing coordination mechanism, support the development and construction of real estate projects, meet the reasonable financing needs of real estate enterprises of different ownership types equally, and promote the steady and healthy development of the real estate market. Jiang Wanrong, Vice Minister of Housing and Urban-Rural Development, presided over the meeting. Responsible comrades from relevant departments and bureaus of the Central Finance Office and the Central Financial Office attended the meeting. Responsible comrades from the housing and urban-rural development departments (commissions) of all provinces (autonomous regions and municipalities) and responsible comrades in charge of the people's governments of 35 key cities attended the meeting.

The meeting pointed out that establishing an urban real estate financing coordination mechanism is a major measure to implement the decisions and arrangements of the Party Central Committee and the State Council, equally meet the reasonable financing needs of real estate enterprises of different ownership types, and promote a virtuous cycle between finance and real estate. People's governments of cities at the prefecture level and above should effectively play a leading and coordinating role, quickly establish and put this important mechanism into operation, promptly assess the local real estate market situation and real estate financing needs, strengthen overall planning, refine policy measures, build a government-bank-enterprise communication platform, promote precise docking between real estate enterprises and financial institutions, and coordinate to resolve difficulties and problems existing in real estate financing.

The meeting emphasized that the orderly development and construction of projects is the foundation for the steady and healthy operation of the real estate market and concerns the vital interests of the people. In response to the current financing difficulties of some real estate projects, all localities should take projects as the object, promptly study and propose a list of real estate projects that can be given financing support, coordinate financial institutions within their administrative regions to issue loans, and precisely and effectively support reasonable financing needs. Credit funds must ensure closed operation and compliant use, and resolutely prevent misappropriation. The provincial level should track and monitor the implementation situation and strengthen supervision and guidance. At the national level, a project information platform for the urban real estate financing coordination mechanism will be established, with weekly scheduling and monthly notification. The Ministry of Housing and Urban-Rural Development has made great efforts to implement the mechanism. It is understood that before the end of this month, once the first batch of project lists is implemented, loans can be sought.

The meeting required adapting to the new situation in which major changes have occurred in the supply-demand relationship of the real estate market, accelerating the construction of a new model for real estate development, combining long-term and short-term measures and addressing both symptoms and root causes, and promoting the steady and healthy development of the real estate market. It is necessary to adhere to city-specific policies, precise policies, and one policy for each city, make good use of the policy toolbox, fully grant cities autonomy in real estate regulation, and allow each city to adjust real estate policies according to local conditions. It is necessary to take the formulation of housing development plans as a starting point, improve the "security + market" housing supply system, establish a new mechanism for the linkage of people, housing, land, and capital factors, improve the foundational system for the entire life cycle of housing, implement the construction of affordable housing, the construction of public infrastructure for both normal and emergency use, and the renovation of urban villages, and build green, low-carbon, intelligent, and safe good housing. It is necessary to crack down hard on the order of the real estate market, correct chaos in real estate development, transactions, intermediaries, property services, and other aspects, expose typical cases of violations of laws and regulations, and effectively safeguard the legitimate rights and interests of the people.