The central bank: the real estate market transaction activity has risen, and the financing environment of the industry has improved significantly

　　China News Service, March 3rd. The State Council Information Office held a series of themed press conferences on March 3rd.

Pan Gongsheng, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said at the meeting that with the improvement of the epidemic situation and the adjustment of epidemic prevention and control policies, the scope and effect of policies introduced earlier have been greatly improved.

Recently, the recovery of market confidence has accelerated, the activity of transactions in the real estate market has increased, and the financing environment of the real estate industry, especially high-quality real estate companies, has improved significantly.

　　According to Pan Gongsheng, from September to December last year, real estate development loans increased by 230 billion yuan, an increase of 420 billion yuan year-on-year.

In the fourth quarter, real estate companies issued 120 billion domestic bonds, an increase of 22% year-on-year.

In January this year, real estate development loans increased by more than 370 billion yuan, an increase of 220 billion yuan year-on-year.

Domestic real estate bonds issued 40 billion, a year-on-year increase of 23%.

　　"Our country's urbanization is still in the development stage, and the demand for improved housing by residents has great potential, and the development model of both renting and purchasing also has a lot of room for development." Pan Gongsheng said that in the next step, we will conscientiously implement the 20th National Congress of the Communist Party of China and the Central Economic Development Zone. Work conference deployment, adhere to the positioning that houses are for living in, not for speculation, earnestly summarize and learn from the experience and lessons in the development of China's real estate market, and work with relevant financial departments to implement various policies that have been issued to support rigid and improved housing needs, support the housing needs of new citizens, support the development of the housing market with both rental and purchase, improve the basic system of real estate finance and the macro-prudential management system, and promote the smooth transition of the real estate industry to a new development model.

(China New Finance and Economics)