Tuesday, Oct 27, 2026
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China sticks to real property policy: Housing for living in, industry for new development model

CGTN, 21 Dec 2022
For more:
https://www.cgtn.com/video

Chinese leaders ironed out economic priorities in 2023 at the recently concluded annual Central Economic Work Conference in Beijing. The real estate industry, the housing market in particular, is one of the key concerns. Policymakers are doubling down on the principle "housing is for living, not speculation." China seeks to shift the real estate industry to new development models. That means timely deliveries of pre-sold housing, better financing, housing conditions, and long-term rental. Issues related to most people's lives were clearly the priority in the annual conference. What else did we learn from the Central Economic Work Conference? How does real estate figure in China's bigger economy?

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