Daily summary of Real Estate industry trends (2025-01-10)

On the 10th, Lin Zechang, Director General of the Comprehensive Department of the Ministry of Finance, stated at the press conference on "The Effectiveness of High-Quality Development in China’s Economy" held by the State Council Information Office that the expansion of the scope of special bond usage allows for use in two areas related to Real Estate, both of which are policies aimed at increasing effective demand. Within the newly issued quota of special bonds in 2025, local governments can arrange for land reserves and the purchase of existing Commodity housing as needed; these two policies will be gradually released in 2025.

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