Get all your news in one place.
100's of premium titles.
One app.
Start reading
Caixin Global
Caixin Global
Business
Zhang Yukun

China Urges Banks to Provide More Support for Construction of Rental Properties

A long-term rental apartment building in Wuhan, Hubei. Photo: VCG.

What’s new: In a renewed push to support the ailing housing market, China’s top financial regulators are encouraging banks to provide stronger financial support to developers and operators of long-term rental housing.

In guidelines released by the central bank and the National Financial Regulatory Administration on Friday, the regulators called for support for the construction, conversion, and operation of long-term rental housing to increase the supply of affordable and commercial rental units.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.