Ten real estate developers will receive credit lines from the Bank of China totaling more than 600 billion yuan.

Shanghai As of Friday, ten real estate developers, including Vanke and Country Garden, will receive loan lines worth more than 600 billion yuan ($83.8 billion) from Bank of China Ltd.

The action was taken as China’s state-owned banks worked to address Beijing’s request to relieve a liquidity problem in the troubled real estate industry.

Related: According to sources, the central bank of China will provide inexpensive loans to support developer bonds.

(1 USD = 7.1638 CNY renminbi).