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Zhuzhou City, Hunan Province: Focus on solving the problem of overdue delivery.
According to the news of Zhuzhou Municipal People's Government in April 13, on April 12, Chen Huiqing, deputy secretary of Zhuzhou Municipal Committee and mayor, presided over a special meeting to study and support the development of the city's real estate industry. He stressed that it is necessary to adhere to stable land prices, stable housing prices, stable expectations, firm confidence and precise policies, and pay close attention to implementation to promote a virtuous circle and healthy development of the real estate industry.

On the basis of previous research and holding a symposium on the development of real estate construction industry in the "Market Subject Cultivation Year" to listen to opinions and suggestions, Zhuzhou City has formulated "Several Measures (Draft) on Promoting the Benign and Healthy Development of Real Estate Industry" in light of the current real estate market.

Focus on solving the problem of overdue delivery

Chen Huiqing pointed out that it is necessary to strengthen the docking with the higher-level housing construction departments, aggregate higher-level policies to increase support, focus on solving the problem of overdue delivery, meet rigid demand, supply land in an orderly manner, activate the second-hand housing market, increase the supply of affordable housing, develop the housing rental market, destock parking spaces, standardize market order, attract surrounding people to buy houses, and correctly guide public opinion. We will revise and improve the Measures in a timely manner to enhance its standardization, pertinence and effectiveness.

Chen Huiqing stressed that it is necessary to strengthen confidence, accurately grasp the direction of national macro-policies, give full play to the comparative advantages of Zhuzhou, and promote the stable and healthy development of the real estate market. We should adhere to the principle of "housing without speculation", speed up the improvement of the housing security system, better meet the reasonable housing needs of buyers, gradually reduce land dependence, and strive to achieve sustainable development. It is necessary to follow the law of supply and demand balance, the law of appropriate price sales, rely on market players, serve market players and stabilize the basic real estate market. It is necessary to make precise policies, pay attention to the combination of the present and the long-term, give full play to the role of macro-control, vigorously support market players and buyers, earnestly safeguard the order of the real estate market, and ensure the realization of stable land prices, stable housing prices and stable expectations. We should pay close attention to implementation, and all relevant departments at all levels should perform their duties and cooperate with each other, focus on ensuring the implementation of housing, demand, chain and policy, earnestly safeguard the legitimate rights and interests of property buyers, and promote the virtuous circle and healthy development of the real estate industry.

On March 6th, 2006, Chen Huiqing had a discussion with Zhang Kui, president of Changsha Central Branch of China People's Bank. Chen Huiqing said that Zhuzhou has a good economic and financial ecology, numerous financial institutions, a developed capital market and a first-class credit environment. It has a unique position in the construction of "three highlands" and has a strong development momentum at present. It is hoped that Changsha Central Sub-branch of the People's Bank of China will give greater support to Zhuzhou in terms of stock implicit debt resolution, rediscount loans, financial product innovation, industrial fund investment and loan linkage, and real estate market stability. Zhuzhou will continue to improve the cooperation mechanism between government, banks and enterprises, further improve the financial credit system, vigorously optimize the credit environment, improve the financial risk resolution mechanism, guide more financial resources to support the real economy, and help cultivate famous cities and build a happy Zhuzhou.

In addition, on April 12, Cao Huiquan, secretary of Zhuzhou Municipal Party Committee, presided over a report meeting on tax reduction, fee reduction and tax refund, which mentioned that we should vigorously cultivate financial resources, revitalize existing assets, fully cultivate and expand market players, study and introduce policies to support the healthy development of the real estate industry, and further conserve tax sources. It is necessary to improve the ability of comprehensive tax management, put an end to "tax evasion", effectively collect taxes according to law, collect all receivables, further ease the contradiction between fiscal revenue and expenditure, and promote the smooth operation of finance.

Real estate investment dropped significantly last year.

20021The statistical data released by Zhuzhou City on June 26th showed that the real estate market was depressed and the real estate investment in the whole city dropped obviously due to the tightening of national policies, falling real estate prices, lack of confidence in real estate investment, declining demand in the real estate market, bankruptcy of Zhuzhou Brilliance Real Estate of Evergrande Real Estate, credit and debt crisis of Aoyuan Real Estate and other factors. In the first quarter, the second quarter, the third quarter and the whole year of last year, the growth rate of real estate investment in the city was 22%, 8.4%, 8.4% and -0.7% respectively. The growth rate of real estate investment in each quarter showed an obvious downward trend, and the real estate investment in the whole year affected the negative growth of fixed assets investment in the city by 0.2 percentage points. At present, there are 450 real estate projects in the city, a decrease of 16 compared with the same period of last year; There were 56 new real estate projects in the city, a decrease of 27 compared with the same period last year; The total investment scale of newly started projects was 47.39 billion, a year-on-year decrease of 2.79 billion or 5.6%. The city's real estate market is sluggish, and some real estate projects have unfinished buildings, which leads to an increase in social instability and needs to be highly valued.

Zhuzhou Municipal Bureau of Statistics believes that the real estate investment market needs steady improvement to boost confidence and promote economic development. First, we must strengthen linkage and establish a long-term working mechanism. Relevant departments should form a work linkage mechanism, do a good job in project tracking, and stabilize the confidence of the real estate investment market. In view of the unfinished real estate projects in the city caused by the bankruptcy of Evergrande Real Estate Zhuzhou Brilliance Real Estate and the credit and debt crisis of Aoyuan Real Estate, these projects were screened in time to find the breakthrough point of the problem, and relevant policies and measures were introduced to solve the problems of the people in time.

The second is to expand the sources of funds for real estate development. In addition to bank loans and self-financing, diversified financing policies can be adopted to attract institutional investors from the public to buy housing bonds and stocks through securities and financial intermediaries to expand the sources of funds for real estate development; Introduce real estate trust investment, learn from "New Shanghai International Building Fund Trust Project" and "Harbin Aijian New City Investment Trust Project", expand financing methods, and reduce the overall financing cost of real estate enterprises.

The third is to standardize behavior and reduce fees. It is necessary to standardize various charges in real estate development and construction and reduce the cost of real estate development and construction; Relevant departments should check the administrative fees of the real estate industry and resolutely clean up unreasonable fees; Correct and adjust the excessive charging standards as soon as possible, standardize procedures, simplify procedures, cancel unnecessary examination and approval links, and create a good investment and development environment for real estate enterprises.