Guangzhou is planning to gradually implement a system where properties are sold only after completion, aiming to reform real estate development financing. The city intends to pilot this 'ready-to-sell' model on select land parcels during the "15th Five-Year Plan" period. Financial institutions are encouraged to increase loan amounts and offer preferential interest rates for these projects, while also ensuring stricter oversight of pre-sale funds for projects that continue with pre-sales. AI
RANK_REASON Policy change regarding real estate sales and financing from a major city. [lever_c_demoted from significant: ic=1 ai=0.1]
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