Multiple national banks will no longer report data this year, further 'loosening' real estate loan concentration management
China's banking sector is easing regulations on real estate loans, with major national banks no longer required to report data on their real estate loan concentration. This move, communicated verbally at the end of last year, signals a relaxation of the "five-tier, two-line" concentration management system that has been in place since 2021. Additionally, five Chinese government departments have jointly issued guidelines for calculating non-fossil fuel electricity consumption, establishing a unified standard to support carbon emission control systems. AI