The reporter learned from many people familiar with the matter that the Hangzhou Committee of the Chinese People's Political Consultative Conference (CPPCC) recently convened housing enterprises such as C&D, China Railway Construction and related agencies to hold an exchange symposium, and the Hangzhou Housing Administration Department also sent representatives to attend the conference. According to reports, the theme of the conference was how to create a new balance in the Hangzhou real estate market through a second-hand partnership. At this symposium, participants discussed and exchanged views on issues such as how Hangzhou can draw on the “trade-in” experience of other cities and how to further reduce transaction costs to stimulate market vitality. Some participants mentioned that the Hangzhou market will establish a new balance in the future, and in the process of gradually transitioning from a market dominated by incremental housing to a market dominated by stock housing, it is necessary to better achieve people's housing arrangement, housing settlement, and housing settlement to prevent major ups and downs in the market. (Financial Services Association)