Shanghai Headquarters of the Central Bank: Maintain a steady growth in the total amount of money and credit, and focus on real estate finance

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The Shanghai Headquarters of the People’s Bank of China held the 2023 Money and Credit Work Conference to convey and implement the spirit of the 2023 People’s Bank of China Money and Credit Work Conference and deploy Shanghai’s money and credit work in 2023. The meeting called for maintaining a steady growth in the total amount of money and credit. It is necessary to ensure a good start at the beginning of the year and to maintain a stable growth of loans. At the same time, it is necessary to grasp the pace of loan issuance and achieve a balanced credit issuance throughout the year. Focus on doing a good job in real estate finance. Promote the implementation of policies and measures such as the 16 Articles of Real Estate Finance to support the reasonable financing needs of real estate companies; implement differentiated housing credit policies to ensure rigid and improved personal housing loan needs; increase financial support for housing leasing. (Shanghai Stock Exchange)
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