Low interest rates created alternative-investment behemoths managing trillions of dollars in privately held equity, credit, property and infrastructure assets.

低利率造就了另类投资巨头，它们管理着数万亿美元的私股权、信贷、地产和基础施资产。

The central bank will also keep financing of the property sector stable and implement different credit policies based on the conditions of local property markets, as part of its efforts to resolve risks in key areas.

央行还将保持地产融资渠道稳定，因城施策实施好差别信贷政策，防范解重点领域风险。