Wuhan is striving to launch 100 new real estate projects for sale this year.

On July 7th, according to the Wuhan Housing and Urban-Rural Development Bureau, the bureau will strengthen the policy combination to consolidate the stabilizing trend. They will continue to do well in policy research and reserves, especially in improving policy tools for the disposal of commercial and office buildings, subsidies for specific groups of home buyers, and increasing the supply of high-quality housing. They will promote the research and implementation of cross-district "old for new" by city platform companies. Secondly, they will guide enterprises to increase investment and stabilize market confidence. They will increase the release of development loans and strive to grant credit of over 50 billion yuan to "white-listed" projects by the end of the year. They will vigorously promote "land acquisition and construction simultaneously" and strive to have 100 new real estate projects listed for sale this year.