Chinese vice premier stresses timely delivery of homes to buyers
ZHENGZHOU, April 14 (Xinhua) -- Active financing support should be extended to compliant real estate projects to ensure that homes are delivered on time to buyers to protect their legitimate rights and interests, Chinese Vice Premier He Lifeng has said.
During an inspection tour on Saturday and Sunday to understand the real estate market in Zhengzhou, the capital city of central China's Henan Province, He, also a member of the Political Bureau of the Communist Party of China Central Committee, said the delivery of good-quality homes on time will help stabilize expectations and promote the steady and healthy development of the real estate market.
He said that a "white list" mechanism for real estate projects should be optimized so that compliant projects on the list can access funding at ease.
"For projects included in the white list, financial institutions should optimize the loan approval and disbursement process, speed up lending, and support the completion of projects," he said.
He said that great changes have taken place in the supply and demand relationship in China's real estate market, stressing the needs to speed up nurturing a new model for the sector's development, particularly the construction of affordable housing, the renewal of urban villages, and the development of dual-use public infrastructure.
(Editor:Fu Bo)
Related articles
Kate Hudson hits the stage to debut songs from her new album Glorious at star
Kate Hudson looked like a pro as she performed songs from her new album Glorious for the first time.2024-05-21Experts say gun alone doesn't justify deadly force in fatal shooting of Florida airman
On the afternoon of May 3, Roger Fortson opened the door of his Florida apartment with a gun in his2024-05-21Fried, 2 relievers work 8 2/3 no
NEW YORK (AP) — Atlanta’s Max Fried and two relievers combined for a no-hitter through 8 2/3 innings2024-05-21Exports seen rising on upgrades, e
Jan-April two-way trade in goods up 5.7% year-on-year to 13.81 trillion yuanChinese manufacturers' o2024-05-21Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
NEW YORK (AP) — Saudi Arabia’s move into tennis will now include a multiyear deal to sponsor the WTA2024-05-21IPL leader Kolkata qualifies for playoffs after rain
KOLKATA, India (AP) — Indian Premier League leaders the Kolkata Knight Riders became the first playo2024-05-21
atest comment