Minister Ni Hong of the Ministry of Housing and Construction said at the press conference of the State Information Office on October 17 that with regard to the housing guarantee campaign, the first hand will focus on the “white list” to resolve the project construction funding issue; on the other hand, focus on the progress of the project and advance the “one floor, one policy” and classification according to the principles of marketization and legalization to seek early delivery of housing. Regarding insolvent projects, it is proposed to speed up bankruptcy, restructuring or liquidation in accordance with the principles of legalization and marketization, effectively protect the legitimate rights and interests of buyers, resolutely investigate and punish acts that violate laws and regulations or harm the interests of buyers, and never let them get confused.

Minister Ni Hong of the Ministry of Housing and Construction said at the press conference of the State Information Office on October 17 that with regard to the housing guarantee campaign, the first hand will focus on the “white list” to resolve the project construction funding issue; on the other hand, focus on the progress of the project and advance the “one floor, one policy” and classification according to the principles of marketization and legalization to seek early delivery of housing. Regarding insolvent projects, it is proposed to speed up bankruptcy, restructuring or liquidation in accordance with the principles of legalization and marketization, effectively protect the legitimate rights and interests of buyers, resolutely investigate and punish acts that violate laws and regulations or harm the interests of buyers, and never let them get confused.