China's securities watchdog convened housing enterprises and financial institutions in an online meeting to discuss the real estate market on Friday, according to China Real Estate Business.

At the meeting, the China Securities Regulatory Commission inquired about the financing needs of relevant housing enterprises and sought development suggestions.

The enterprises gave an account of their financial standings at the event, a person familiar with the matter told China Real Estate Business.

Cities across China took actions to adjust and improve their property sector policies following a key Politburo meeting and clearly directed policy support from the Ministry of Housing and Urban-Rural Development last month.

Zhengzhou, the capital city of central China's Henan Province, issued a notice that proposed abolishing sales restrictions and implementing 15 optimization policies. Among them, commercial banks would determine the loan ratio according to property ownership rather than housing loan records.

Eight measures were introduced in Nanjing City in east China's Jiangsu Province, including subsidies for new house purchases, optimizing differentiated housing provisions and streamlining approval procedures for parking garage sales.

Also in east China, Jinhua City, Zhejiang Province, implemented seven new measures to encourage the development of the real estate market. These include lifting the maximum loan amount from the personal housing provident fund, increasing credit support and reducing housing transaction taxes and fees.

In addition, Chongqing Municipality, southwest China, issued seven policies on optimizing the housing accumulation fund to better meet the demand of home buyers.