CHINA'S top financial regulators announced on Monday that financial support measures for qualified real estate developers, taken in November 2020, will be extended through the end of 2024, in order to continue to guide more financial support for firms and to ensure deliveries of homes.
In a joint announcement, the People's Bank of China (PBC), the country's central bank, and the National Administration of Financial Regulation (NAFR) said that the expiration date of relevant policy measures announced in November 2020 will be extended, while other policy measures that do not have an expiration date will be in effect in the long term.
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