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on september 26, 2024, the political bureau of the cpc central committee held a meeting to analyze and study the current economic situation and deploy the next economic work. general secretary xi jinping presided over the meeting, setting the tone and guiding the sustainable development of china's economy.

since the beginning of this year, under the strong leadership of the party central committee with comrade xi jinping at its core, people of all ethnic groups across the country have worked together to overcome difficulties. the economy is generally stable and making progress, new productive forces are developing steadily, people's livelihood is well protected, positive progress has been made in preventing and resolving risks in key areas, high-quality development is solidly advanced, and the overall social situation remains stable.

the stability of the real estate market is related to the national economy and people's livelihood. the meeting proposed to promote the stabilization of the real estate market, strictly control the increment of commercial housing construction, optimize the stock, improve the quality, increase the intensity of loans for "white list" projects, and support the revitalization of idle land. at the same time, we will adjust the housing purchase restriction policy, reduce existing mortgage interest rates, improve land, taxation, financial and other policies, and promote the construction of a new model of real estate development. this series of measures will inject new impetus into the healthy development of the real estate market.

a boost to capital markets is also crucial. vigorously guide medium and long-term funds to enter the market, open up the barriers to entry of social security, insurance, financial management and other funds into the market; support mergers and acquisitions and reorganizations of listed companies, steadily promote the reform of public funds, and introduce policies and measures to protect small and medium-sized investors. these measures will help enhance the vitality and stability of the capital market and provide more financial support for corporate development.