NDRC: Companies Permitted to Issue Bonds to Raise Financing for Social Housing
The National Development and Reform Commission (NDRC) announced yesterday that in order to encourage other players to invest in the construction of government-backed affordable housing schemes, they would support qualified local government financing platforms and other companies that meet certain criteria, to issue bonds in order to finance investment in social housing.
Source
Beijing Times
http://epaper.jinghua.cn/html/2011-06/29/content_674813.htm
Google translation
http://translate.google.com.hk/translate?hl=zh-CN&sl=zh-CN&tl=en&u=http%3A%2F%2Fepaper.jinghua.cn%2Fhtml%2F2011-06%2F29%2Fcontent_674813.htm
The National Development and Reform Commission (NDRC) announced yesterday that in order to encourage other players to invest in the construction of government-backed affordable housing schemes, they would support qualified local government financing platforms and other companies that meet certain criteria, to issue bonds in order to finance investment in social housing.
Source
Beijing Times
Google translation
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