A total of 214 cities in 29 provinces across China had established real estate financing coordination mechanisms as of Feb. 20, forming part of the country's efforts to promote the sound development of the property market. China's Ministry of Housing and Urban-Rural Development said Tuesday that it had issued batches of "white lists" involving 5,349 real estate projects eligible for financing support and forwarded them to commercial banks. Up to now, some 162 projects in 57 cities have received bank financing totaling 29.43 billion yuan (about 4.14 billion U.S. dollars), according to the ministry. Local ... (full story)