Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Official stresses efforts to cement recovery trend of property market

July 28, 2023


Abstract : Ni Hong, minister of housing and urban-rural development, has urged continued efforts to consolidate the recovery trend of the property market.

Photo taken on Sept. 2, 2022 shows the construction site of a residential area in Jiangdong New Area of Haikou, south China's Hainan Province. (Xinhua/Yang Guanyu)

BEIJING, July 27 (Xinhua) -- Ni Hong, minister of housing and urban-rural development, has urged continued efforts to consolidate the recovery trend of the property market.

At a symposium with property developers recently, Ni emphasized the significance of meeting residents' essential housing demand and their needs for better living conditions, called for fully implementing favorable measures, including lower down payment ratios and mortgage rates for first-time home buyers, and promised efforts to ensure the delivery of presold homes.

Stabilizing the construction and property sectors is significant to promoting a broader economic recovery, the Ministry of Housing and Urban-Rural Development has said.

The ministry has also urged building companies and property developers to actively participate in affordable housing projects, the renovation of villages in cities, and public facility construction.  

Scan the QR code and push it to your mobile phone

Keyword: property market

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial