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China is taking comprehensive measures to stabilise its real estate market and increase housing supply. The government plans to purchase unsold commodity housing for use in subsidised housing programs and explore different ways to manage existing inventory. It aims to promote the construction of quality homes and renovate older housing. A white list mechanism will continue for housing projects, and support will be offered for the financing needs of real estate firms. Overall, these steps target market stability while improving housing accessibility for citizens.
China is taking steps to stabilise its real estate market while working to improve overall housing availability. According to an official government report reviewed by Reuters, authorities plan to better utilise existing unsold commodity housing, including buying some units for government-subsidised housing programs.
The report indicated that China will explore multiple ways to manage the inventory of commodity housing. At the same time, the government aims to encourage the orderly construction of high-quality homes and accelerate the renovation of older, dilapidated housing. Efforts will also focus on increasing the supply of government-subsidised housing to meet demand.
The government will continue using a white list mechanism for housing projects and provide support for reasonable financing requirements of real estate companies. These steps are intended to stabilise the sector while balancing market demand and supply.
Source Reuters
5th Jun, 2025
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