China Promises To Improve Housing Support For Its People 🏘️🇨🇳
China Plans To Promote Use Of Various Funding Sources For City Development Projects 🚧🏙️
China Plans To Speed Up New Approach To Real Estate Development. 🇨🇳 "China to accelerate new model for real estate development" 🚧🏘️
China plans a broad package of measures aimed at revitalising its cities and property market, according to guidance reported by state-run Xinhua News Agency. Beijing intends to foster emerging industries while accelerating a “new model” of real-estate development that better meets residents’ housing needs. The government also pledged to open urban projects to more diverse funding sources and to lift disaster-prevention and defence standards in newly built areas. Authorities set a goal of achieving significant progress in overall city development by 2030, signalling an ambition to balance economic growth with improved living conditions and greater resilience.
