From:ChinaDaily | 2021-05-27 09:51
Credit rating system needed for enterprises to reduce, prevent business risks
The long-term rental housing sector is entering a boom with its market scale expanding to the trillion-yuan level, and the country s latest guideline on rental housing will provide policy support for guaranteeing the sector s healthy development, experts said.
China s existing rental housing market currently has a total asset value of some 500 billion yuan ($77.75 billion).
The central government has made it clear that a certain amount of residential land supply will be set aside for rental housing development during the 14th Five-Year Plan period (2021-25), which is expected to add more than 500 billion yuan in new assets to the sector in the coming five years, according to industry experts.
Jan-April period sees robust fund activity
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Jan-April period sees robust fund activity
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.