2015-07-29

Ministry of Land and Resources Sees Land Supply Rising in 2H, Govt Will Use Investment to Boost GDP

Thanks to a recovering market, the government sees land supply picking up in the second half. Cities have been restricting land sales to prime properties in order to keep prices and confidence elevated.

"With the easing of China's macroeconomic stabilization, to the good trend of steady further development, driving effect of real estate on stable economic growth increased in the first half through construction sites and pre-approval of the project landed in the third and fourth quarter, second half volume will increase land supply. And in the case of weak consumption and export growth, investment is still a reliable means of steady growth in the first half, China's major infrastructure projects focused on land use approval by the stamina to play in the second half, pulling efficient investment and promote further economic stabilization and recovery. "Department of Homeland mention the land market in the second half when stimulating effect on the economy he said.

However, the Department of Homeland differentiation outlook for the national market does not deny that the MLR respect, at present, four-tier cities real estate market to digest inventory-based, difficult to pick up the land market in the short term, the second half, the adjustment of economic structure will continue , monetary easing is expected to impact on the environment, family policy to boost the economy's effect gradually appear, there will be more urban land market ushered in the transformation period, overall premium moderating upward, but among cities both volume and price changes in supply and demand game or are there will be more obvious differentiation trend.
The government will use its old tricks to boost the economy in the second half of the year, and lower-tier cities may need a miracle when it comes to land sales as differentiation becomes even clearer in the second half.

iFeng: 国土部:土地市场温和上行 下半年供应量加大

Miracles happen most ev'ry day
To people like you and me,
But don't expect a miracle
Unless you help make it to be, so...

You hope and I'll hurry,
You pray and I'll plan
We'll do what's necessary 'cause
Even a miracle needs a 5-year plan

You love and I'll labor,
You sit and I'll stand
Get help from our next-door neighbor 'cause
Even a miracle needs a 5-year plan

We'll help our Chairman to make our dreams come true,
But I can't do it alone, so here's what we're gonna do

You hope and I'll hurry,
You pray and I'll plan
We'll do what's necessary 'cause
Even a miracle needs a 5-year plan

We'll help our Chairman to make our dreams come true,
But we can't do it alone, so what are we gonna do?

You wish and I'll whittle
You drip while I dry
Let's all try to help a little 'cause
Even a miracle needs a 5-year plan

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