Guideline spurs housing order moves By Wang Ying in Shanghai and Zhang Yue in Beijing | China Daily | Updated: 2021-07-28 08:57 Share CLOSE Local residents register for government-subsidized rental housing in Bazhong, Sichuan province. [CHENG CONG/FOR CHINA DAILY]
Various ministries and departments of the Chinese government are coordinating efforts to improve regulation of the real estate industry, following the issuance of a new guideline to further eliminate disorder from the market, experts said.
On Friday, a guideline issued by eight government departments, including the Ministry of Housing and Urban-Rural Development, was widely circulated across China.
The guideline emphasized that order in the real estate market needs to be improved significantly in the next three years.
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