A series of major policies, such as the “8.28 Sale of Existing Homes”, have been in place for more than 10 days, and banks in Guangzhou have already begun implementing some of the policy requirements. According to people familiar with the matter, the Department of Housing and Urban-Rural Development of Guangdong Province convened discussions with housing enterprises on September 8. The content of the meeting was to understand the impact of the New Deal on various housing companies' projects, the policy support enterprises hope to receive, and opinions and suggestions on local implementation rules.

A series of major policies, such as the “8.28 Sale of Existing Homes”, have been in place for more than 10 days, and banks in Guangzhou have already begun implementing some of the policy requirements. According to people familiar with the matter, the Department of Housing and Urban-Rural Development of Guangdong Province convened discussions with housing enterprises on September 8. The content of the meeting was to understand the impact of the New Deal on various housing companies' projects, the policy support enterprises hope to receive, and opinions and suggestions on local implementation rules.