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CSRC To Support Transformation Of Real Estate Development Model
The China Securities Regulatory Commission (CSRC) said it will support the transformation of the real estate development model, according to a statement posted on its website. China’s top securities regulator said it will help high quality real-estate firms improve their balance sheet, increase access to credit, and support private enterprises to issue bonds and raise equity. It will also accelerate the creation of REITs for affordable rental housing and support industry consolidation.
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