NEWS: China's official media said that the real estate purchase restriction is not tru

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China's state-run media, Renmin. com, quoted authorities Friday as saying the news was untrue in response to a recent online comment that the property market would be lifted and that the next step would be to adhere to urban policy, promote the balance of supply and demand, rectify the market order, resolutely curb the rise of housing prices, and accelerate the establishment of a stable and healthy development of the real estate market. Long term mechanism for exhibition.
According to the report, the publisher of the relevant articles is registered with the self-Media accounts of real estate marketing companies and cultural media companies. A notice issued on May 14 by the General Office of the State Council on the implementation of regulations and normative documents concerning the protection of property rights has become evidence of the credibility of the news. In fact, the document is not about the real estate sector, but the notice policy document of the General Office of the State Council on the implementation of regulations and normative documents concerning the protection of property rights.
In May this year, China's Ministry of Housing and Urban-Rural Construction issued a circular reiterating its commitment to the goal of real estate regulation and control, and calling on all localities to increase the effective supply of housing and land, effectively strengthen capital control, and seriously investigate and punish violations of laws and regulations. The Ministry of Housing and Construction also said in August that it would establish a real estate market monitoring system, improve the evaluation and assessment mechanism of local real estate regulation and control work, and strictly supervise and hold firmly accountable for the weak work, market fluctuations and failure to achieve regulatory objectives.


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