Core Viewpoint - The recent implementation plans from various provinces in China, including Henan, Shanghai, Hubei, and Jilin, focus on stabilizing housing consumption as a key strategy to boost overall consumption and economic growth in the context of expanding domestic demand [1][2][3] Group 1: Policy Initiatives - The "Implementation Plan" from Henan proposes measures such as "city-specific policies for more incremental measures," "increased support for home purchasing," and "expanding the use of housing provident funds" [1] - Other provinces have also introduced similar initiatives, emphasizing the importance of stabilizing housing consumption and meeting housing demand as part of their consumption promotion actions [1][2] - Hubei's plan includes focusing on various housing needs such as returning home for work, education, and improving living conditions, along with optimizing housing provident fund policies [2][3] Group 2: Market Stability and Economic Impact - The real estate market's stability is seen as crucial for enhancing consumer confidence and expectations, which in turn supports local fiscal revenues and related industries [1] - Data from the National Bureau of Statistics indicates that in April, housing prices in 70 major cities remained stable or slightly decreased, with a narrowing year-on-year decline, highlighting the need for continued policy support to maintain this stability [2] - Experts suggest that local governments should strengthen policy reserves and implement measures to stimulate housing consumption, such as urban village renovations and purchasing existing properties [3]
房地产市场交易指标持续回稳 各地加码“稳定住房消费”
Zheng Quan Ri Bao·2025-05-27 16:21