C
hina is mobilizing its resources to secure home deliveries and revitalize its ailing property market. To achieve this, authorities are pressuring local governments and financial institutions to provide necessary funding for ongoing projects and capitalize on recent positive developments. The Ministry of Housing and Urban-Rural Development and National Financial Regulatory Administration have called for expanding the "white list" to boost financing for struggling developers and mitigate broader market risks.

    The white list is a register of compliant real estate projects or developers that receive priority in loan allocation and funding, ensuring they can meet delivery deadlines. This effort aims to stabilize the real estate market. The conference summary emphasized that this is a critical stage in securing project deliveries, requiring local task forces and financial institutions to take responsibility and widen the scope of the white list.

    The agencies also urged responsible parties at various levels to address key problems, including judicial processes for insolvent projects, meeting annual delivery targets, managing unsold property inventory, and dealing with idle land.