China’s financial institutions have been urged by a senior Chinese financial regulatory official to provide strong support to the struggling real estate sector and not withdraw financing for projects facing difficulties. This comes after the Chinese central bank’s largest cut in mandatory cash reserves for banks since 2021. The official emphasized the important impact of the real estate industry on the national economy and people’s lives. The relaxation of funding guidelines is temporary and aimed at targeted support. The announcement of the stimulus measures at a press briefing suggests the Chinese government’s intent as the stock markets face uncertainty.