At the 2024-2025 China Economic Annual Conference held today at the China International Economic Exchange Center, Zhao Chenxin, Deputy Director of the National Development and Reform Commission, stated that efforts must be made to stabilize the Real Estate and stock markets. Continuous efforts will be made to drive the Real Estate market to stop declining and stabilize, enhance the implementation of the renovation of urban villages and dilapidated housing, fully release the potential of rigid and improving housing demand, and reasonably control the supply of new Real Estate land. Activate existing land and commercial office properties, promote the disposal of existing Commodity housing, and push for the establishment of a new model of Real Estate development, while orderly building the relevant fundamental systems. Deepen the comprehensive reform of Capital Markets investment and financing, open up the bottlenecks and obstacles for medium and long-term funds to enter the market, and enhance the inclusiveness and adaptability of the Capital Markets system.