The residential development rules incorporate practices from the property project “whitelist” mechanism, require equal treatment of projects regardless of ownership and seek to meet reasonable financing needs. The mortgage measures adjust loan disbursement timing, moderately ease the ceiling for income-based debt servicing requirements and extend the maximum loan term. Separate measures establish stage-specific requirements for commercial property lending, direct banks to tailor financing for urban renewal projects, and set business conduct, professional capability, investor suitability and protection standards for real estate trust activities. The administration will work with relevant authorities to guide banking institutions in implementing the measures and providing financial services aligned with the new property development model.
2026-08-28China Banking and Insurance Regulatory Commission
China's National Financial Regulatory Administration issues five trial measures overhauling real estate finance
China's National Financial Regulatory Administration has issued five trial measures covering housing, commercial property, urban renewal and real estate trust financing. The framework introduces project-centered financing and closed-loop fund management, while easing some personal housing loan parameters and strengthening requirements for trust companies.