Chinese Cities Tighten Real Estate Regulations After Nat'l Congress

iFeng: 两会后多城收紧楼市调控政策,专家:具有风向标意义
On March 20th, the 1st session of the 13th National People's Congress closed. After the "two sessions" adjustment and adjustment of the property market will not relax, a short period of three days, including Dalian, Anhui Fuyang and other places have introduced property market control policies to promote the steady and healthy development of the real estate market.

...During the two sessions, the Ministry of Housing and Construction Minister Wang Menghui said in response to a reporter’s question that the real estate market as a whole remained stable. The next step will be to implement the spirit of the Nineteenth Congress, insisting that “the house is used to live, not used to fry” to speed up housing Institutional reforms and the construction of long-term real estate mechanisms to maintain a stable and healthy development of the real estate market. Including the goal of adhering to regulation and control, it will not waver and will not relax, and will maintain the continuity and stability of the policy. Further consolidate the main responsibilities of local governments. Accelerate the establishment of a housing system that provides multi-subject supply, multi-channel protection, and rent-purchase. Establish and improve a differentiated regulatory policy system. Establish and improve real estate statistics and market monitoring and early warning mechanisms to better improve the accuracy of regulation. Strengthen the supervision of the real estate market, and severely crack down on violations of laws and regulations by real estate companies and intermediary agencies.

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