On February 24, the State Council Information Office held a press conference.

According to Wang Menghui, Minister of Housing and Urban-Rural Development, China is still in the stage of rapid urban development, and the population size and number of families in cities and towns are still increasing.

At present, we have more than 11 million new jobs in cities and towns every year, and the rigid demand for housing is relatively strong.

In this regard, Wang Menghui said that it is necessary to maintain the smooth operation of the real estate market.

Maintain the continuity and stability of regulatory policies, and enhance the precision and coordination of regulatory policies.

Continue to steadily implement the long-term mechanism for real estate, ensure the rigid demand for housing, and at the same time meet reasonable needs for improvement, promote a virtuous circle and healthy development of the real estate industry, and strive to stabilize land prices, house prices, and expectations.

(Dong Zeyu)

Responsible editor: [Cheng Chunyu]