My Global News: Voices of a New Era
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The Chinese mainland is set to increase its fiscal deficit in 2025, utilizing special bonds to finance affordable housing projects and stimulate the economy, according to Finance Ministry officials.
China’s Ministry pledges to stabilize the real estate market in 2025 through policy measures supporting homebuyers and improving housing conditions.
The World Economic Forum highlights China’s latest real estate policies aimed at increasing affordable housing and expanding the REITs market, while addressing ongoing challenges in the sector.
The China Development Bank has increased its loan support to $8.65 billion for urban village renovations, benefiting 360,000 households across 33 cities.