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 12:05:49 source:Stellar Spectacle 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. ■

Related information
  • Celebrity birthdays for the week of May 26
  • Love Island sign stunning model Grace Jackson for 2024 series who's already followed by Molly
  • Belgian soccer pauses ticket sales for Israel game amid security fears
  • Paige Spiranac backs Rory McIlroy to WIN PGA Championship
  • California congressman urges closer consultation with tribes on offshore wind
  • Prestigious £49,800
  • Indonesia raises alert for Mount Ibu volcano to highest level following a series of eruptions
  • Moment British tourists wade into the sea and sprinkle loved
Recommended content
  • Celebrity birthdays for the week of May 26
  • Texas governor pardons ex
  • Closing prices for crude oil, gold and other commodities
  • Top tennis players say they're playing too much because the tournaments are too long
  • Siblings trying to make US water polo teams for Paris Olympics
  • Windermere to wasteland: Raw sewage illegally pumped into Lake District beauty spot