The Beijing Municipal Housing, Urban-Rural Development Commission issued the “Beijing Municipal Housing Development Plan for the Fifteenth Five-Year Plan Period”. The “Plan” proposes strengthening policy support, promoting market-based operation, and exercising the regulatory function of affordable rental housing. Adhere to demand and optimize the layout of affordable rental housing. The focus is on increasing supply in areas where rental demand is strong and industrial parks are in order to better meet the rental needs of new citizens, young people, and new employment groups. The product supply structure has been optimized, and the supply of dormitories and apartments has been increased. The proportion of apartments and dormitories in the new affordable rental housing has reached more than 60%, of which dormitory types account for more than 30%. Promote the renovation of non-residential buildings and affordable rental housing in accordance with the law and regulations, and optimize the standards and approval process for non-residential renovation. Municipal and regional state-owned enterprises are encouraged to revitalize existing commercial projects and rent them according to dormitory management and bed; transform existing housing such as remaining housing units, vacant public rental housing, and idle inefficient buildings into “one bed” and “one room” products on the premise of ensuring safety; support the construction of supporting apartments in parks, and encourage the integration of highly mobile rental needs into integrated solutions in urban villages or park renovation plans; broaden the supply channels for affordable housing, and revitalizing the stock resources accounts for more than 60% of new affordable housing. With the goal of affordable rent and more convenient commuting, improve housing support policies for young talents, and promote pilot youth apartments in an orderly manner. Encourage eligible market rental housing to be included in affordable rental housing management, and support eligible rental housing projects to issue real estate investment trusts in the infrastructure sector

The Beijing Municipal Housing, Urban-Rural Development Commission issued the “Beijing Municipal Housing Development Plan for the Fifteenth Five-Year Plan Period”. The “Plan” proposes to strengthen policy support, promote market-based operation, and play the regulatory function of affordable rental housing. Adhere to demand and optimize the layout of affordable rental housing. The focus is on increasing supply in areas where rental demand is strong and industrial parks are in order to better meet the rental needs of new citizens, young people, and new employment groups. The product supply structure has been optimized, and the supply of dormitories and apartments has been increased. The proportion of apartments and dormitories in the new affordable rental housing has reached more than 60%, of which dormitory types account for more than 30%. Promote the renovation of non-residential buildings and affordable rental housing in accordance with the law and regulations, and optimize the standards and approval process for non-residential renovation. Municipal and regional state-owned enterprises are encouraged to revitalize existing commercial projects and rent them according to dormitory management and bed; transform existing housing such as remaining housing units, vacant public rental housing, and idle inefficient buildings into “one bed” and “one room” products on the premise of ensuring safety; support the construction of supporting apartments in parks, and encourage the integration of highly mobile rental needs into integrated solutions in urban villages or park renovation plans; broaden the supply channels for affordable housing, and revitalizing the stock resources accounts for more than 60% of new affordable housing. With the goal of affordable rent and more convenient commuting, improve housing support policies for young talents, and promote pilot youth apartments in an orderly manner. Encourage eligible market rental housing to be included in affordable rental housing management, and support eligible rental housing projects to issue real estate investment trusts in the infrastructure sector