Photo taken on May 16, 2016 shows a real estate project in Hangzhou, capital of east China's Zhejiang Province.Photo:Xinhua

The National Association of Financial Market Institutional Investors held a symposium for representatives of real estate enterprises on Tuesday, some of which have plans to register and issue debt financing instruments, the Securities Time reported on Wednesday, after China's property market cooled down amid concerns over the possible default of major developers.

The seminar provided positive messaging that real estate enterprises will be able to issue bonds with institutional investors including banks participating in bond financing for high-quality developers, which will improve the liquidity of enterprises, analyst said.

Since the People's Bank of China and the Banking and Insurance Regulatory Commission held a symposium on real estate finance at the end of September, financial regulators provided further encouraging signs on moves aimed to improve the financing environment for real estate firms.

Alongside efforts to improve property developers access to healthier finances, authorities are also moving to release a third round of centralized land. 

Recently, many areas of China including Shanghai and Suzhou, East China's Jiangsu Province have announced the details for the release of the third round of centralized land in 2021. Compared with the previous rounds, this increment has decreased both in quantity and amount.

For instance, Suzhou lowered the deposit ratio to 30 percent for the third round of land auction plots, and the down payment ratio for land declined from 60 percent to 50 percent.

With further relaxing to this third round of centralized land supply policy, the market regulators will further lower the starting price of land and the margin ratio, as well easing the payment cycle for developers to acquire land, experts said.

Global Times