People's Bank of China, Further Strengthening the Administration of Real Property Credit Business Circular

中国人民银行关于进一步加强房地产信贷业务管理的通知

Issued: June 5 2003Main contents: Item One concerns real property development loans. Real property loans should mainly support the residential property…

3 minute readJuly 02, 2003 at 12:58 AM

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Issued: June 5 2003

Main contents: Item One concerns real property development loans. Real property loans should mainly support the residential property projects suitable for medium- and low-income families. Loans given to projects for large or luxury commodity premises should be limited.

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