The Information Office of the State Council will hold a press conference at 10 a.m. this morning. Ni Hong, Minister of Housing, Urban-Rural Development, and heads of the Ministry of Finance, the Ministry of Natural Resources, the People's Bank of China, and the State Financial Supervision and Administration, will present the situation relating to promoting the steady and healthy development of the real estate market. Affected by a series of recent policies, the real estate market in many cities, including new and second-hand housing, has seen an increase in activity to varying degrees since the “11th”. So, what are the results, which cities are better, which policies have been implemented well, and what characteristics have been shown in the market response. These issues are not only common concerns of participating reporters, but will also be the focus of the authoritative authorities' expressions this time. At the meeting at the end of September, the Political Bureau of the Central Committee clearly proposed that commercial housing construction should strictly control growth, optimize inventory, improve quality, increase loan investment for “white list” projects, and support the revitalization of existing vacant land. Follow-up policies such as the “white list”, how to use special bonds for land reserves, and the purchase of existing housing to guarantee the supply of housing, etc., what other policies will be implemented, and where the incremental policy will continue to be strengthened will also be the focus of attention of the media attending today's press conference.

The Information Office of the State Council will hold a press conference at 10 a.m. this morning. Ni Hong, Minister of Housing, Urban-Rural Development, and heads of the Ministry of Finance, the Ministry of Natural Resources, the People's Bank of China, and the State Financial Supervision and Administration, will present the situation relating to promoting the steady and healthy development of the real estate market. Affected by a series of recent policies, the real estate market in many cities, including new and second-hand housing, has seen an increase in activity to varying degrees since the “11th”. So, what are the results, which cities are better, which policies have been implemented well, and what characteristics have been shown in the market response. These issues are not only common concerns of participating reporters, but will also be the focus of the authoritative authorities' expressions this time. At the meeting at the end of September, the Political Bureau of the Central Committee clearly proposed that commercial housing construction should strictly control growth, optimize inventory, improve quality, increase loan investment for “white list” projects, and support the revitalization of existing vacant land. Follow-up policies such as the “white list”, how to use special bonds for land reserves, and the purchase of existing housing to guarantee the supply of housing, etc., what other policies will be implemented, and where the incremental policy will continue to be strengthened will also be the focus of attention of the media attending today's press conference.