China Banking and Insurance Regulatory Commission Li Yunze: Real estate financing coordination mechanism supports the construction and delivery of nearly 20 million housing units.

On September 22nd, when introducing the achievements of the financial industry development during the "14th Five-Year Plan" period, Li Yunze, the Director of the Financial Regulatory Bureau, stated at a press conference of the State Council Information Office, that during the "14th Five-Year Plan" period, the Financial Regulatory Bureau took the lead in establishing a coordination mechanism for urban real estate financing, with loans for projects on the white list exceeding 70,000 yuan, supporting the delivery of nearly 20 million housing units, effectively protecting the legitimate rights and interests of a large number of homebuyers.