中国房地产市场研究•政策周报（2026.03.09-03.15）

Key Policy Insights - The overall focus of national real estate policy is on "institutional norms, city-specific measures, and quality improvement of existing stock," with the central government emphasizing the construction of long-term mechanisms while local governments focus on supporting demand and urban renewal [4][5] - The "14th Five-Year Plan" has been replaced by the "15th Five-Year Plan," which emphasizes high-quality development in real estate and the establishment of a new development model [6][8] - The Ministry of Natural Resources has clarified that new construction land will primarily support major projects and public welfare, and will not be used for commercial real estate [10][11] Local Policy Developments - Local policies have seen a decrease in intensity, with financial support through credit being a key focus. Cities like Chengdu and Fuzhou are optimizing housing fund loan policies, while Shenyang and Dalian are providing home purchase subsidies [4][6][20][21] - Shanghai has lowered the property tax threshold for 2026, with the tax rate set at 0.4% for properties below a certain price and 0.6% for those above [15] - Dongguan has introduced an 80% discount on housing prices for talent purchasing homes, with no upper limit on the discount amount [16] Financial Support Policies - Fuzhou has optimized housing fund policies, allowing for first-time loan rates for second homes within 12 months of selling a property [17] - Chengdu is considering increasing the maximum loan amount for housing funds and removing restrictions on the number of loans [19] - A total of 2 billion yuan in purchase subsidies has been allocated in Shenyang, with additional support for upgrading from old to new homes [20] Urban Renewal and City Planning - Shanghai's urban renewal plan emphasizes a sustainable model for urban development, integrating various aspects of urban planning [22] - Suzhou has introduced a management method for urban renewal projects, focusing on dynamic adjustments and service integration [23] - Ningbo's planning for the Yaojiang riverside area aims to create a modern coastal urban area, enhancing transportation and community living [24][26] Industry Self-Regulation - A joint initiative by 38 provincial and municipal real estate associations aims to regulate online real estate information, ensuring transparency and accountability [13][14] - The initiative includes measures to prevent false advertising and promote professional standards in real estate transactions [14][15]