China's central bank announced on Friday that it would establish a 300-billion-yuan (about 42.25 billion U.S. dollars) relending facility to support the government-subsidized housing project.
Local state-owned enterprises are encouraged to use the funds to buy reasonably-priced commercial homes that have completed construction, Tao Ling, an official with the People's Bank of China, told a press conference, adding that these homes will then be used to provide affordable housing.
| Zařazeno | po 20.05.2024 09:05:42 |
|---|---|
| Vydáno | |
| Zdroj | scio.gov.cn |
| Originál | english.scio.gov.cn/pressroom/2024-05/20/content_117200219.htm |
| lang | en |
