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flag China's "white list" real estate projects have secured over $695 billion in loans since January 2024.

flag China's "white list" real estate projects have received over 5 trillion yuan ($695.5 billion) in approved loans, per the National Financial Regulatory Administration (NFRA). flag This mechanism, launched in January 2024, helps local authorities recommend financial support for eligible projects, reducing risks for small and medium-sized financial institutions and stabilizing the debt-laden real estate sector. flag The NFRA plans to enhance the "white list" mechanism and develop a new real estate model.

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