During the Spring Festival, new progress has been continuously made in the coordination mechanism for urban real estate financing. Most cities have proposed a "whitelist" of real estate projects and pushed it to commercial banks. Commercial banks have effectively connected with the project list and have provided a batch of new financing and loan extensions to meet the reasonable financing needs of different real estate projects. Previously, the Ministry of Housing and Urban Rural Development, in conjunction with the State Administration for Financial Supervision and Administration, issued a notice on establishing a coordination mechanism for urban real estate financing, requiring cities at or above the local level to establish a coordination mechanism for urban real estate financing. The coordination mechanism is an important measure to implement the decisions and deployments of the Central Financial Work Conference, meet the reasonable financing needs of real estate enterprises of different ownership equally, and promote a virtuous cycle between finance and real estate. The special meeting held by the State Administration for Financial Supervision and Administration on February 6th requires commercial banks to actively connect and coordinate mechanisms, conduct timely reviews of the list of pushed real estate projects, accelerate credit approval, and meet reasonable financing needs to the fullest extent possible. Each commercial bank should establish a dedicated working mechanism internally, optimize the loan approval process, refine the due diligence exemption regulations, guide and supervise each branch to strengthen research on real estate projects in their jurisdiction, and comprehensively grasp the situation. As of February 15th, the Postal Savings Bank of China has launched projects through the coordination mechanism, covering 10 provinces including Henan, Sichuan, and Guangxi, with a financing amount of 5.7 billion yuan. The projects have been implemented in Henan, Guangxi, Guizhou, Dalian, and other places; As of February 13th, Bank of Communications has obtained and connected with 1442 listed projects, and has provided loans for some of them; As of February 12th, Bank of China has advanced the approval process for over 110 projects, with a total amount of approximately 55 billion yuan. Among them, 75 projects have been approved and completed, with a total amount of nearly 40 billion yuan. Since the special meeting of the State Administration of Financial Supervision and Administration on January 26th, as of now, Agricultural Bank of China has docked more than 2700 projects, approved more than 10 new projects, and approved nearly 5 billion yuan in loans; As of February 8th, Industrial and Commercial Bank of China has docked with over 2000 projects and achieved loan disbursement for multiple cities and projects; As of now, China Construction Bank has connected with over 2000 projects, approved nearly 100 projects, and approved a pending investment amount of over 20 billion yuan. In addition to the six major state-owned banks, several joint-stock banks have also communicated and coordinated with local urban real estate financing mechanisms, timely obtained project lists, and actively taken action. As of February 9th, Huaxia Bank has approved 15 projects with a total credit amount of 11.284 billion yuan; Everbright Bank has obtained a total of 2622 project lists, including 20 approved projects, with a credit amount of 10.75 billion yuan and a loan balance of 5.014 billion yuan; China CITIC Bank has obtained a total of 872 coordination mechanism push projects, and each branch quickly evaluates the push projects in accordance with the principles of marketization and rule of law, uses green channels for rapid approval, and ensures the implementation of projects. As of now, Minsheng Bank has received 867 financing coordination mechanism push projects. Experts say that with the establishment of a coordination mechanism for urban real estate financing, the reasonable financing needs of real estate enterprises will be more effectively met in the future, thereby effectively preventing ongoing construction