Zou Lan, director of the Monetary Policy Department of the People's Bank of China, said that in the next step, the People's Bank of China will insist that "houses are for living, not for use." We will continue to create a favorable financial environment for the orderly clearing of risks in the industry to meet the reasonable financing needs of the industry. Considering that the relationship between supply and demand in China's real estate market underwent profound changes, there is marginal room for optimization of the policies successively introduced during the long-term overheating stage of the market in the past.
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