Core Viewpoint - The recent Fourth Plenary Session of the 20th Central Committee of the Communist Party of China emphasizes "promoting high-quality development" in the real estate sector, marking a shift from quantity expansion to quality enhancement in the industry [3][6]. Group 1: Policy Framework and Industry Transition - The policy framework focuses on "strict control of increment and optimization of stock," aiming for a quality-oriented approach in housing construction and financing support for real estate companies [3][4]. - The transition to high-quality development is seen as essential for the healthy growth of the industry and meeting the public's aspirations for better living conditions [3][4]. Group 2: Achievements During the 14th Five-Year Plan - During the 14th Five-Year Plan, approximately 50 billion square meters of new residential properties were sold, and the stock housing market has expanded significantly, with 15 provinces seeing higher transaction volumes in second-hand homes than new ones [4]. - Over 1.1 million units of various types of affordable housing were constructed, benefiting over 30 million people, showcasing the government's commitment to addressing housing issues [4][5]. Group 3: High-Quality Development Goals - The high-quality development goal includes enhancing the construction quality of homes and improving industry management and product supply systems [7][8]. - The focus is on aligning high-quality development with housing goals, ensuring economic rationality and quality improvement in the sector [8]. Group 4: New Development Model - The new development model aims to deepen reforms in the real estate sector, improve the housing supply system, and establish a new mechanism linking people, housing, land, and finance [5][9]. - The emphasis on urban renewal and the construction of "good houses" is expected to stimulate investment and consumption, providing ongoing momentum for the real estate sector [9].
“十五五”定调高质量发展目标,构建房地产发展新格局
Hua Xia Shi Bao·2025-10-25 01:37