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Big news! The Ministry of Housing and Urban-Rural Development said: Positive changes have occurred in the real estate market! People should get the house after paying the money!

2024-08-23

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The State Council Information Office held a series of press conferences on "Promoting High-quality Development" on the 23rd. Let's take a look at the key points:

Always put the protection of the legitimate rights and interests of buyers in the first place

Dong Jianguo, Vice Minister of the Ministry of Housing and Urban-Rural Development, said that guaranteed delivery of housing involves the vital interests of the general public, and people should get the housing after paying the money. In the next step, our ministry will continue to work with relevant departments to resolutely implement the decisions and arrangements of the Party Central Committee and the State Council, always put the protection of the legitimate rights and interests of home buyers in the first place, consolidate the responsibilities of local governments, real estate developers, financial institutions and other parties, work hard, overcome difficulties, and make every effort to win the battle of guaranteed delivery of commercial housing projects.

Positive changes in the market

On August 23, Ni Hong, Minister of Housing and Urban-Rural Development, said at a press conference that at present, the supply and demand relationship in the real estate market has undergone major changes, and the market is still in a period of adjustment. With the implementation of various policies, positive changes have occurred in the market.

Judging from the process of urbanization in my country and the new expectations of the people for good housing, the real estate market still has great potential and space. As long as we have firm confidence, formulate policies based on the city, and implement them vigorously, we can promote the stable and healthy development of the real estate market.

By the end of 2023, more than 930 million people will live in towns and cities

Ni Hong, Minister of Housing and Urban-Rural Development, said at the meeting that in terms of urban work, the Ministry of Housing and Urban-Rural Development has steadily promoted urban renewal actions, transformed old urban communities, accelerated urban infrastructure construction, and worked hard to promote high-quality urban development.

Ni Hong introduced that by the end of 2023, the built-up area of ​​my country's cities will reach 64,000 square kilometers, the urbanization rate of permanent population will reach 66.16%, and more than 930 million people will live in cities and towns. Urban functions are constantly improving, and the urban living environment is continuously improving. A total of more than 250,000 old urban communities have been renovated, benefiting more than 44 million households and about 110 million people.

In terms of housing and real estate, we continue to optimize real estate policies, improve the housing security system, and strive to ensure that all people have a place to live. By the end of 2023, the per capita housing construction area in urban areas in my country will exceed 40 square meters; a total of more than 64 million units of various types of affordable housing and resettlement housing for shantytown renovation will be built, more than 150 million people will realize their dream of a safe home, and low-income families with housing difficulties will basically be covered by the minimum living allowance.

Ministry of Housing and Urban-Rural Development: Actively promote the acquisition of existing commercial housing for use as affordable housing

Dong Jianguo, Vice Minister of the Ministry of Housing and Urban-Rural Development, said that the Third Plenary Session of the 20th CPC Central Committee required that the construction and supply of affordable housing be increased. Our ministry will work with relevant departments to guide all localities to resolutely implement it. For projects included in this year's planned construction, we will implement fiscal, tax, land, and financial support policies, speed up the start and construction progress of projects, strengthen the supervision of project quality and safety, and carry out the allocation and distribution of rents and sales as soon as possible so that the people can move in as soon as possible. We must also strengthen the planning and reserve of projects, do a good job in the preliminary work of projects next year and the year after, and form a rolling promotion mechanism of "implementing a batch, reserving a batch, and planning a batch". At the same time, combined with the local real estate market situation, we will actively promote the acquisition of existing commercial housing that has been built for use as affordable housing, and promote projects with mature conditions to accelerate the completion of acquisitions and timely allocation and distribution.

Ministry of Housing and Urban-Rural Development: Building a new model for real estate development and focusing on the implementation of six aspects of work

Dong Jianguo, Vice Minister of the Ministry of Housing and Urban-Rural Development, answered questions from reporters at the press conference and said that the construction of a new model for real estate development requires a process and requires continuous exploration and practice. Together with relevant departments, we have conscientiously implemented the decisions and arrangements of the CPC Central Committee and the State Council, focusing on the following aspects:

First, improve the housing supply system, with a focus on increasing the construction and supply of affordable housing.

Second, deploy local governments to formulate and implement housing development plans and annual housing development plans as a starting point to establish a linkage mechanism among the factors of "people, housing, land, and money."

Third, we will vigorously and orderly promote the sale of existing homes, guide local governments in selecting new real estate development projects, stipulate that they will implement the sale of existing homes when land is transferred, and formulate supporting policies based on practical experience.

Fourth, establish an urban real estate financing coordination mechanism, introduce a project "white list" system, take cities as units and projects as objects, provide financing support for compliant projects, and promote the transformation of real estate development companies' financing from relying on the credit of the main body to based on project conditions.

Fifth, study and establish a system of housing physical examinations, housing pensions, and housing insurance to build a long-term mechanism for housing safety management throughout the entire life cycle.

Sixth, to build green, low-carbon, intelligent and safe "good houses", we have done some work in setting standards and implementing models. In the next step, we will focus on building systems and improving services.

Building a new model for real estate development can be summarized into four aspects

Minister of Housing and Urban-Rural Development Ni Hong said at the press conference that a new model of real estate development should be built. It can be summarized into four aspects:

First, in terms of concept, we should deeply understand the positioning of "houses are for living in, not for speculation" and build good houses that meet the new expectations of the people.

Second, in terms of the system, the government mainly meets rigid housing needs, while the market mainly meets diversified improved housing needs.

Third, in terms of system, we will reform and improve the system of real estate development, transaction and use to lay a solid institutional foundation for the transformation and development of real estate.

Fourth, in terms of factor allocation, a new mechanism for the linkage of “people, housing, land, and money” should be established.

We will speed up the reform and improvement of basic systems such as commodity housing sales, land, finance, and taxation.

Dong Jianguo, Vice Minister of the Ministry of Housing and Urban-Rural Development, said at a press conference of the State Council Information Office on August 23 that the new model of real estate development is a model of high-quality development, a model of coordinated development, and a model of safe development. The Third Plenary Session of the 20th CPC Central Committee took the acceleration of the construction of a new model of real estate development as one of the important measures to further deepen reform in an all-round way. We will work closely with relevant departments to further strengthen top-level design while summarizing the relevant pilot practices in the previous period, firmly grasp the basic point of allowing the people to live in peace, accelerate the reform and improvement of basic systems such as commodity housing sales and land, finance, and taxation, promote institutional innovation, promote the construction of new models, and promote industrial development through reform, resolutely implement this task deployed by the Party Central Committee, and strive to promote high-quality development of real estate.

Systematically promote the construction of "four good" - good houses, good neighborhoods, good communities and good urban areas

Qin Haixiang, Vice Minister of the Ministry of Housing and Urban-Rural Development, said that in terms of action, we must systematically promote the construction of "four good" - good houses, good neighborhoods, good communities and good urban areas. There are several main points:

First, we will continue to focus on the renovation of old urban communities and work hard to solve the problems of installing elevators, parking, and charging. This year, our plan is to complete the renovation of more than 50,000 old communities. On this basis, we will promote the construction of a number of complete communities and promote the renovation of old neighborhoods and old factory areas.

Second, we will continue to promote the construction of the "inner" projects of the city, mainly underground pipelines. In accordance with the deployment requirements of the Third Plenary Session of the 20th CPC Central Committee, we must strengthen the construction of underground comprehensive pipeline corridors and the renovation and upgrading of old pipelines. This year, we will strive to renovate more than 100,000 kilometers of various types of old pipelines.

Third, we will vigorously promote the construction of urban lifeline safety projects. Through digital means, we will monitor in real time various municipal facilities such as water supply, drainage, gas, heating, bridges, and pipeline corridors in the city, so as to achieve early detection, early warning, and early disposal of safety hazards and ensure the safe operation of the city.

Fourth, we will strengthen urban waterlogging control. This year, we will complete the remediation of 100 cities and more than 1,000 waterlogged areas. At the same time, we will accelerate the construction of urban drainage and waterlogging control engineering systems, coordinate urban flood control and drainage, establish and improve the city’s water system, drainage network, surrounding rivers, lakes, seas and reservoirs’ joint drainage and coordination operation and management mode, and enhance the city’s flood control capabilities and safety resilience.

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