China to keep real estate financial policy consistent, regulator says

China to keep real estate financial policy consistent, regulator says
A worker tightens a scaffolding joint at a construction site of an apartment building under refurbishment in Beijing

BEIJING – China will keep real estate financial policies consistent and stable, the country’s banking and insurance regulator said on Thursday.

An orderly property market will better meet the reasonable demand of housing purchases, an official of the China Banking and Insurance Regulatory commission (CBIRC) said.

(Reporting by Beijing newsroom, Writing by Meg Shen; Editing by Frank Jack Daniel)

tagreuters.com2022binary_LYNXMPEI6K0BT-BASEIMAGE