Hong Kong China Rating Society reporter: Since the implementation of the long-term mechanism of 20 18 real estate, the real estate market in China has been generally stable. What measures has the Ministry of Housing and Urban-Rural Development taken to promote the healthy development of the real estate market? Thank you.
Ni Hong, Vice Minister of Housing and Urban-Rural Development: Thank you for your question. 20 18 the CPC central Committee and the State Council decided to implement a long-term real estate mechanism and made such a decision. The Ministry of Housing and Urban-Rural Development resolutely implements the decision-making arrangements of the CPC Central Committee and the State Council, focusing on stabilizing land prices, housing prices and expectations, focusing on three aspects:
First, always insist that the house is used for living, not for speculation, which is the fundamental follow-up to do a good job in real estate market regulation. Taking this as a starting point, we will constantly tighten the cage of the real estate market regulation system, especially to prevent "speculation" and effectively prevent and resolve market risks.
Second, implement the main responsibility of the city. Supervise the municipal government not to use real estate as a short-term means to stimulate the economy, and take measures to promote the stable and healthy development of the real estate market.
Third, establish a new linkage mechanism of people, housing, land and money, insist on proceeding from reality, and do not engage in "one size fits all" policy based on the city and local conditions. At the same time, a new mechanism for monitoring, early warning, evaluation and assessment has been established, and monthly monitoring, quarterly assessment and annual assessment have been carried out regularly to strengthen the supervision of the real estate market and rectify the order of the real estate market.
After more than two years' practice, China's real estate market has generally maintained a stable operation, which fully shows that the decision-making and deployment of the long-term real estate mechanism by the CPC Central Committee and the State Council is accurate and effective. In the next step, we will continue to fully implement the long-term mechanism of the real estate market, stabilize land prices, stabilize housing prices and stabilize expectations, and promote the stable and healthy development of the real estate market. Thank you.