Beijing News (Reporter Cheng Weimiao Gu Zhijuan) On May 22, the Beijing News held a series of national "two sessions economic strategy" salons to challenge the Chinese economy. Guests included Xiao Gang, member of the National Committee of the Chinese People's Political Consultative Conference and former chairman of the China Securities Regulatory Commission, Zhou Yanli, member of the National Committee of the Chinese People's Political Consultative Conference and former vice chairman of the China Insurance Regulatory Commission, Liu Shijin, deputy director of the Economic Committee of the Chinese People's Political Consultative Conference, and Liu Shangxi, member of the Chinese People's Political Consultative Conference and president of the China Academy of Fiscal Sciences The committee members will interpret the freshly released government work report, including economic growth, fiscal and monetary policy and other important issues.

  This year's government work report reiterated that "housing is not for speculation", and at the same time mentioned "giving provincial governments greater autonomy in construction land." In this regard, Liu Shangxi said that the policy of "no housing and no speculation" has been continuous. Although the economy has been negatively affected by the epidemic, it has not changed this positioning. The healthy development of the real estate market will be guaranteed under this positioning.

  He also mentioned that the real estate market should be considered in the context of urbanization. The degree of urbanization in our country has just exceeded 60%, and the level is still relatively low compared with developed countries, and it needs to be further improved. In the next step, the entire economic spatial form will change to a state dominated by central cities and metropolitan areas. There is no doubt that urbanization will also spatially change the existing distribution of housing. For example, more and more peasant families have gone to the city. With the increase in urbanization rate, urban housing demand will expand, and old rural housing will be idle, including homesteads.

  "I am afraid that the new changes brought about by this space replacement are not repeating the old road. For example, if migrant workers enter the city, they cannot afford to buy a house according to the current house price. Therefore, it is necessary to increase the construction of low-rent houses to realize that all people entering the city have houses. It is the next step in housing policy that needs to be considered. "Liu Shangxi said that the overall supply of housing will increase, and the proportion of fully marketized housing will decline, but overall the housing as a consumer product should be marketized, and the basic direction should not be changed.

  He emphasized that it is unrealistic for a large number of middle- and low-income groups to buy a large number of houses, so it is necessary to work harder on low-rent houses and guaranteed houses so that they can keep up with urbanization.

  Xiao Gang also believes that to increase public rental housing, renting and selling at the same time, the proportion of long-term rental apartments is still small, the next step should be to develop public rental housing, financial policies can provide support; In addition, the National Development and Reform Commission and the China Securities Regulatory Commission recently launched the Reits Infrastructure Guidelines To solicit opinions and related work, in the future, commercial properties, including long-term rental apartments, can use Reits to finance, revitalize the stock, use market-oriented financial instruments to develop long-term rental apartments, and increase the proportion of rental housing.

  Zhou Yanli said that the concept of real estate should also be structured, and real estate should be divided into large or small concepts. The general concept includes hotels, office buildings, high-end apartments, etc., but if it is only for residential houses, it is relatively narrow. "After the draft of the infrastructure Reits request for comments, I feel that the scope of coverage is relatively narrow. If it is relaxed, the most needed funds may be office buildings, hotels, tourist resorts, etc., and tools such as Reits are needed to solve asset securitization issues.

  Zhou Yanli believes that in order to ensure that funds are used in improved housing, residential housing, and not in office buildings, some research should be done structurally to ensure that bank funds can support and improve people's livelihood and solve the real needs of residents. This is a dilemma for financial institutions. On the one hand, loans need income, on the other hand, funds need to be safe. "We have to deal with it properly. We will also conduct a structural analysis of the concept of real estate to resolve the direction in which credit funds and financial support will gather."