PolicyEconomy
China Deploys 19 Measures to Redirect Finance to Services
Eight Chinese departments unveiled 19 measures to channel financing into the service sector, targeting asset-light firms and a 100 trillion yuan goal.
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Eight Chinese departments unveiled 19 measures to channel financing into the service sector, targeting asset-light firms and a 100 trillion yuan goal.
China unveiled a sweeping reform of real estate finance, extending mortgage terms to 40 years and mandating post-completion disbursement.
China launches first commercial property REITs on Shanghai Stock Exchange, raising $3 billion. The landmark move opens a new real estate financing channel.