The State Council Information Office will hold a press conference at 10:00 a.m. this morning (17th) to introduce the relevant situations of promoting the stable and healthy development of the real estate market, with Minister of Housing and Urban-Rural Development Ni Hong, as well as officials from the Ministry of Finance, Ministry of Natural Resources, China's central banks, and the State Administration of Financial Supervision and Management. CCTV reporters on site will send back observational reports.

The effect of the new policy is being closely watched.

Affected by a series of recent policies, since the National Day holiday, the real estate markets in Beijing, Shanghai, Guangzhou, Shenzhen, and many other cities have all experienced varying degrees of increased activity in both new and second-hand homes. So, what are the actual effects? Which cities are doing better? Which policies are showing good results when implemented? What characteristics are being presented in market reactions? These questions are not only issues of common concern to attending journalists, but will also be the focus expressed by the authoritative department this time.

People are looking forward to how subsequent policies will continue to exert force.

The Central Politburo clearly stated at the end of September that it will strictly control the increment of commodity housing construction, optimize the stock, improve the quality, increase the intensity of loans for 'white list' projects, and support the revitalization of idle land in stock. The focus will also be on which policies surrounding 'white list,' how special bonds are used for land reserve, acquiring existing homes for indemnificatory apartment supply, and which other policies will be implemented. Additionally, the direction of further exerting force on incremental policies will be the focus of today's press conference for attending media.

Regarding other contents of the press conference, CCTV News app will continue to pay attention.

Editor/Somer