International rating agency Fitch Ratings stated that if the central government allows local governments to use special bonds to acquire unsold housing, it would mean a significant change in the central government's approach to addressing the sluggish real estate market. Once the policy is implemented, it reflects a shift in policy focus towards resolving the issue of housing oversupply, rather than focusing on 'pre-selling houses'.

Furthermore, Fitch Ratings added that local governments have previously been allowed to use special bonds to acquire idle land from developers for the construction of affordable housing. If the use of special bonds is further expanded, it will accelerate the issuance of these bonds and enable local governments to more quickly address the issue of housing oversupply.

However, Fitch Ratings questions whether the returns from affordable housing are sufficient to repay the related debts, which indirectly affects the implementation of these plans. Coupled with the continued weakness in the real estate market, it is estimated that industries such as cement and steel will continue to be affected in the second half of the year.