Chinanews client, Beijing, December 6 (Reporter Li Jinlei) The "Economic Blue Book: Analysis and Forecast of China's Economic Situation in 2022" released on December 6 pointed out that it actively promotes the "soft landing" of the real estate industry.

The 2022 "Economic Blue Book" launch conference and China's economic situation report.

Photo by Chinanews reporter Li Jinlei

  On December 6, sponsored by the Chinese Academy of Social Sciences, "The Blue Book of Economics in 2022" sponsored by the Scientific Research Bureau of the Chinese Academy of Social Sciences, the Institute of Quantitative and Technical Economics of the Chinese Academy of Social Sciences, the Macroeconomic Research Think Tank of the Chinese Academy of Social Sciences, and the Social Sciences Literature Press The press conference and China’s economic situation report was held in Beijing.

  It was pointed out at the press conference that at present, the debt problem of some real estate companies is more prominent, and they are in the process of coping with and resolving them.

What needs attention is the recent signs of slowing down in real estate sales and investment, and land transfers. Some cities have seen falling house prices and wait-and-see sentiment for house purchases.

  The real estate-related industry chain is relatively long and is of systemic importance in the national economy. Especially for regions with high dependence, an excessive slowdown in the real estate market may trigger a more complicated risk transmission chain.

On the one hand, we will continue to adhere to the adjustment tone of housing and housing not speculation, implementing policies for different cities, and one policy for one city, so as to prevent changes in the real estate policy.

On the other hand, we must proceed from the actual situation in various places, and solve what problems there are.

  What should I do?

The first is to deal with and resolve the risk events of individual real estate companies in accordance with the principles of marketization and legalization, and to consolidate the main responsibility of the enterprise.

The second is to prudently manage the real estate market, and do a good job in stabilizing housing prices and stabilizing expectations.

The third is to combine transportation and blockage, reasonably increase the net inflow of population into cities, and stabilize the construction of affordable housing, stabilize related policies, adjust credit supply, and promote the stable and healthy development of the real estate market through a long-term mechanism.

  The Blue Book pointed out that in the process of implementing the "three red lines" and "two centralization" policies

for real estate

, we must

actively promote the "soft landing" of the real estate industry. It is necessary to prevent frequent bidding of land auctions and insufficient land supply in hotspots, which may lead to the subsequent surge in housing prices. Fourth, The rapid fall in housing prices in fifth-tier cities has caused collateral risks.

  The Blue Book also talked about controlling housing prices, levying real estate taxes, insisting on housing not speculating, and preventing real estate from becoming the main driver of widening the property gap.

Real estate is the most important component of family property, and real estate value gaps also constitute the main source of family property gaps.

If housing prices continue to rise, low-income people cannot afford to buy houses, and wealthy people buy multiple houses as investment goods, which will inevitably widen the property gap.

In addition, the huge value-added income brought by excessively high housing prices will also attract more people to invest in housing, affect the development of the real economy, and intensify downward pressure on the economy.

  "Therefore, controlling housing prices and their expectations of rising, steadily implementing real estate taxes, returning houses to residential properties, improving the ability of low-income groups to purchase houses, and reducing the number of units held by multiple houses will help narrow the property gap." The Blue Book said.

(over)