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CN Housing Minister Agrees to Give City Govts Autonomy in Adjusting Real Estate Mkt Regulation Policies Over Local Conditions
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Ni Hong, Minister of Housing and Urban-Rural Development, published a signed article in the People's Daily emphasizing the need to promote the sustainable and healthy development of the real estate market. The article advocates for city-specific policies, precise measures, and a city-by-city approach, granting city governments full autonomy in real estate market regulation and adjusting real estate policies according to local conditions. In addition, the development of the rental market should be standardized and market-oriented, and industry regulation and service capabilities should be improved to legally protect the legitimate rights and interests of both parties in rental agreements. AAStocks Financial News |
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