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:2024-05-01 13:41:21 source:Culture Corridor 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
  • Former MVP Mike Trout needs surgery on torn meniscus
  • World is not doing enough to protect coral reefs, UN envoy says
  • Home values rising in Detroit, especially for Black homeowners, study shows
  • Atlantic City mayor and his wife are charged with abusing their 16
  • Georgia governor signs bill into law restricting land sales to some Chinese citizens
  • BYU hires Suns assistant Kevin Young to replace Mark Pope, who left to coach Kentucky
  • Georgian police fire tear gas to break up protest against so
  • Buttler's unbeaten century helps Rajasthan beat Kolkata off final ball
Recommended content
  • The cancer drugs that could improve survival rates if given to patients in the morning
  • Woman pleads guilty for role in 4 slayings stemming from custody dispute, sentenced to life
  • Tuition and fees will rise at Georgia public universities in fall 2024
  • Liz Truss accuses government of 'finger
  • Kendall Jenner puts on a cheeky display in flesh
  • Shane Bowen has big shoes to fill in replacing Wink Martindale as Giants defensive coordinator