Current location:International Issue news portal > world
There's spring in real estate recovery
International Issue news portal2024-04-30 11:27:01【world】5People have gathered around
IntroductionEmployees introduce a residential project to visitors during the 2023 Weifang Real Estate Expo held
Employees introduce a residential project to visitors during the 2023 Weifang Real Estate Expo held in Shandong province on Feb 10. [Photo/China Daily]
More transactions expected this year after supportive measures and market correction
Consensus is fast emerging among industry observers that China's property market, which had faced a variety of troubles over the last few years, is back on track, with recovery appearing possible this year.
"After a period of market correction, the property market will stage a strong comeback this year on the back of a number of supportive measures," said Chen Wenjing, director of research at the China Index Academy.
Since last November, a series of measures targeting both supply and demand have been introduced. The work conference of national housing and urban-rural development held on Jan 17 also set the tone for this year's property market policies, which is boosting confidence, controlling risks and promoting transformation, Chen said.
Meantime, the nation's financial regulators have released a number of supportive measures, including differentiated credit support for homebuyers, facilitation of delivery of residential projects, enhanced cash flow of prime developers, guidance for their balance sheets toward a safe range, and improvements to the rental housing market.
All of which echoed the tone-setting annual Central Economic Work Conference in mid-December, experts said.
Address of this article:http://coralseaislands.readlovelybooks.com/content-47c199885.html
Very good!(873)
Related articles
- Songs of celebration hail anniversary
- Nearly Half of Collections at China's Palace Museum Undergo Digitalization: Official
- Chinese Armed Forces Deploy Multiple Rescue Forces in Response to Gansu Earthquake
- Chinese Armed Forces Deploy Multiple Rescue Forces in Response to Gansu Earthquake
- Conservative states challenge federal rule on treatment of transgender students
- Int'l Bicycles, Baby Strollers and Toys Fair Held in Hebei
- High School Students Recreate Masterpiece on Classroom Walls
- InPics: China Welcomes Return of CPV Soldiers' Remains for 10 Consecutive Years
- Analysis: The NHL playoffs are off to an odd start, from the net out
- Art Show Held to Celebrate Chongyang Festival in Lhasa, Tibet
Popular articles
Recommended
1 dead, 7 missing after 2 Japan MSDF helicopters crash near Izu Islands
Girl, 6, Acts as Translator for Her Deaf Parents Doing Foot Spa Business
Art Show Held to Celebrate Chongyang Festival in Lhasa, Tibet
The Rural Girls Chasing Goals on Football Pitches
Billy Joel serenades ex
Commission, Departments Help Children Improve Mental Well
4th Asian Para Games Opens in Hangzhou, E China
Animation Featuring China's Sanxingdui Culture Set to Hit Big Screen
Links
- SCO Children's Online Art Exhibition Opens
- China's NCPA to present opera by Richard Wagner
- ACWF, NWCCW to Strengthen Protection for Children in Need amid COVID
- Don't waste you money on anti
- Online Campaign Launched to Salute Women in COVID
- ACWF President Stresses Women's Wisdom and Strength in Anti
- ACWF President Calls for Promoting China's COVID
- Huang Xiaowei Joins Panel Discussion of 3rd Session of 13th CPPCC National Committee
- From masterpiece to marketplace, creative museum souvenirs go viral among Chinese youth
- Opera Professor Turns Classrooms into Performance Stages