Chinese vice premier stresses timely delivery of homes to buyers
Time:2024-05-21 19:24:38 Source:healthViews(143)
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. ■
Previous:Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
Next:Everybody may love Raymond, but Ray Romano loves Peter Boyle
You may also like
- ‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
- Japan urged to stop dumping Fukushima nuclear
- Spotlight: U.S. authorities tell int'l students to leave U.S. if universities go online
- Urumqi takes measures to meet residents' need amid efforts to contain COVID
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- Top of Eiffel Tower reopens to public
- Japan's campaign to revive domestic tourism sparks controversy
- Malta, Libya pledge to cooperate to save lives at sea
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism