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PBOC Calls for Stronger Macro-Prudential Mgmt of Real Estate Finance to Promote Stable & Healthy Development of Housing Mkt
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Pan Gongsheng, Governor of the People's Bank of China (PBOC), highlighted in his signed article in People's Daily the implementation of comprehensive risk prevention measures in key areas. In the financial market, Pan stressed that it is important to promptly correct and block the market's herd effect, promoting a positive cycle between the real economy and financial markets. Regarding the real estate market, stronger macro-prudential management of real estate finance is essential to promote stable and healthy development of the housing market and assist in building a new model for real estate development. In terms of internet finance, it is crucial to balance risk prevention and innovation promotion to ensure its overall stable operation. AAStocks Financial News |
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