Core Viewpoint - The recent policy from the Ministry of Natural Resources and the National Forestry and Grassland Administration emphasizes the prioritization of land supply for major projects and public welfare, rather than a complete halt on land supply for real estate development [1][2]. Group 1: Policy Interpretation - The term "newly added construction land" specifically refers to converting agricultural or unused land into construction land, which is a strictly controlled and scarce resource [1]. - The misunderstanding arises from the misinterpretation of the policy, which does not imply a complete cessation of land supply for real estate but rather a prioritization for public and significant projects [1][2]. Group 2: Land Supply Assurance - There is no need to worry about a shortage of land supply, as local governments have sufficient reserves of state-owned construction land to meet normal development needs [2]. - The policy stipulates that the annual newly added construction land in urban and rural areas must not exceed the area of revitalized stock land, promoting a shift from reliance on new land to revitalizing existing spaces [2]. Group 3: Policy Intent - The main intention of the policy is to optimize the allocation of land resources, ensuring that they are used effectively to promote urban development rather than targeting the real estate sector [2]. - Claims that this policy will severely impact the housing market are either based on a lack of understanding of land policies or are attempts to create unnecessary anxiety [2].