Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Chinese vice premier stresses timely delivery of homes to buyers !

Chinese vice premier stresses timely delivery of homes to buyers

Time:2024-05-21 12:13:44 source:Cosmic Chronicle news portal

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 information
  • Six killed in a 'foiled coup' in Congo, the army says
  • Xi Jinping's Economic Thought Steers China Toward Modernity
  • China's National Legislature Holds 2nd Plenary Meeting of Annual Session
  • Jilin eyes stable foreign trade growth in 2024
  • Yvette Fielding says her Most Haunted co
  • New energy projects cater to Xizang's power needs
  • Processing trade focus to give lift to exporters
  • World's first hydrogen
Recommended content
  • Six killed in a 'foiled coup' in Congo, the army says
  • In pics: French Open Badminton tournament
  • Children in Yuncheng celebrated the festive spirit of the New Year in their new clothes and hats
  • Blinken's Mideast trip dubbed futile exercise
  • Cruise worker 'murders newborn son on board ship': Shocked co
  • CPC Central Committee Holds Consultative Meeting on Reform Plan of Party, State Institutions