The local auction market in many places is showing signs of warmth, and they are all targeting “high quality” Hot cities such as Hangzhou, Chengdu, and Hefei that have relaxed the price limit for land auctions and restored the "highest bidder gets it" have seen lively scenes of land acquisition at high premiums. The industry expects that the overall popularity of the land market will rebound this year on the basis of last year, and the market maintains high expectations for core first- and second-tier cities.