[Guangzhou: support housing enterprises and financial institutions to independently negotiate stock financing to extend the use of capital market mergers and acquisitions and carry out equity financing] the General Office of the Guangzhou Municipal people's Government issued a circular on the issuance of a 2023 action plan for Guangzhou to support the high-quality development of the real economy. The plan is proposed to support the stable and healthy development of the real estate market. Make full use of the "Baojiaolou" special loans, "Baojiaolou" loan support plan and other policy tools, do a good job in the "Baojiaolou" related work, maintain the stability of development loans and bond financing, and meet the reasonable financing needs of the project. Financial institutions are encouraged to focus on supporting the sound development of real estate enterprises with sound governance, focusing on the main business, and well-qualified real estate enterprises, to support housing enterprises and financial institutions to independently negotiate the extension of stock financing, and to make use of capital market mergers and acquisitions and equity financing to provide credit-increasing support for high-quality real estate enterprises to issue debt financing instruments. We will do a good job in financial support and services for mergers and acquisitions of key real estate enterprise risk disposal projects, and M & A loans for M & An and difficult real estate enterprise projects will not be included in the management of the concentration of real estate loans for the time being. we will increase financial support for the development of the indemnificatory rental housing market.