[SMM Analysis] Recent Real Estate Policy Review and Summary
Since the new policy on May 17 this year, especially since the press conference by the State Council Information Office on September 24, China's real estate policy has entered a period of intensive regulation. At the press conference held by the State Council Information Office on October 17, Ni Hong, Minister of Housing and Urban-Rural Development, stated that the Ministry of Housing and Urban-Rural Development, in conjunction with the Ministry of Finance, the Ministry of Natural Resources, the People's Bank of China, and the National Financial Regulatory Administration, has guided local governments to take swift action, focusing on the implementation of existing policies and the introduction of incremental policies, launching a stimulus policy package to stabilize the real estate market and halt its decline...
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