On November 26, the Chongqing Municipal Development and Reform Commission held a press briefing and issued the “Notice on Matters Relating to Hearing on Improving the Rental Price Formation Mechanism for Municipal Public Rental Housing Projects in Chongqing”, and initiated the hearing procedure for improving the rent price formation mechanism for municipal public rental housing projects in Chongqing. In accordance with the spirit of documents such as the “Administrative Measures on Public Rental Housing” and “Administrative Measures on Public Rental Housing in Chongqing”, the Municipal Housing, Urban-Rural Development Committee and the Municipal Development and Reform Commission have drawn up a plan to improve the rent price formation mechanism for municipal public rental housing projects. In order to improve the democratic, scientific and transparent nature of decision-making, in accordance with the requirements of relevant laws and regulations, the Municipal Development and Reform Commission will hold a hearing to improve the rent price formation mechanism for municipal public rental housing projects, solicit opinions from operators, consumers and relevant parties, and demonstrate the necessity, feasibility, and rationality of improving the rent price formation mechanism for municipal public rental housing projects.

On November 26, the Chongqing Municipal Development and Reform Commission held a press briefing and issued the “Notice on Matters Relating to Hearing on Improving the Rental Price Formation Mechanism for Municipal Public Rental Housing Projects in Chongqing”, and initiated the hearing procedure for improving the rent price formation mechanism for municipal public rental housing projects in Chongqing. In accordance with the spirit of documents such as the “Administrative Measures on Public Rental Housing” and “Administrative Measures on Public Rental Housing in Chongqing”, the Municipal Housing, Urban-Rural Development Committee and the Municipal Development and Reform Commission have drawn up a plan to improve the rent price formation mechanism for municipal public rental housing projects. In order to improve the democratic, scientific and transparent nature of decision-making, in accordance with the requirements of relevant laws and regulations, the Municipal Development and Reform Commission will hold a hearing to improve the rent price formation mechanism for municipal public rental housing projects, solicit opinions from operators, consumers and relevant parties, and demonstrate the necessity, feasibility, and rationality of improving the rent price formation mechanism for municipal public rental housing projects.