* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

China Signals More Flexible Real Estate Policies

July 23, 2024
in Entertainment
China Signals More Flexible Real Estate Policies
Share on FacebookShare on Twitter

The Central Committee of the Communist Party of China made reviving the country’s faltering real estate market one of the key focuses in a policy document made public on Sunday to mark the end of a crucial political gathering.

The third plenary session of the Party’s Central Committee brought together more than 360 of the Party’s top leaders to discuss their long-term policy agenda for the country.

The four-day meeting, chaired by Chinese President Xi Jinping, concluded on July 18, with a resolution on further deepening reform and advancing Chinese modernization published several days later.

The resolution covers the Party’s long-term plans in a wide range of areas, including politics and national security. But economic reforms have been a particular priority, as the Party looks to get the country’s housing market back on track.

China’s real estate sector has taken a hit in recent years, with a debt crunch among developers shaking market confidence and leading to a decline in land and home sales.

To deal with the situation, Party leaders plan to reform the real estate sector by giving municipal governments “greater decision-making powers” to regulate their local markets.

“Based on local conditions, some cities will be permitted to abolish or reduce restrictions on housing purchases and to scrape relevant standards for ordinary and non-ordinary housing,” the resolution states.

In China, the government classifies residential properties as either “ordinary” housing or “non-ordinary” dwellings such as mansions or luxury apartments. These non-ordinary properties are generally subject to higher taxes, down payment thresholds, and stricter loan payment requirements.

Some experts have welcomed the prospect of greater flexibility in real estate policy, saying that it will provide a boost to market demand. “The orientation of real estate work is very clear, which is to address issues that concern the people, such as issues related to home purchases, housing prices, and so on,” Yan Yuejin, research director at the E-House R&D Institute in Shanghai, told Sixth Tone.

Eliminating the division between ordinary and non-ordinary housing would encourage consumers to upgrade their homes due to the reduction in related transaction fees and taxes, said Wang Yeqiang, a researcher at the Chinese Academy of Social Sciences.

Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, told domestic media that empowering municipal governments would increase the efficiency of regulation given the vast disparities in economic conditions among different regions.

“The power of regulation is given to local governments, and so is the responsibility for stabilizing the real estate market,” said Li. “In the current context of urban differentiation, regional differentiation, and diversified buyer demographics, local governments need to have the autonomy to implement city-specific policies to manage the real estate market well.”

Experts speculated that the resolution’s reference to empowering local governments to set housing policy might signal further relaxations in home purchase restrictions previously used to curb speculation.

“This statement is consistent with the adjustments and optimizations to real estate policies introduced in various places this year,” said Yan. “But at the same time, this is also a response to the changing nature of housing demand.”

In the first half of 2024, more than 200 local governments across China introduced a total of 341 policies to stimulate housing demand, according to CRIC, a domestic real estate consulting firm.

Shanghai was one of several cities to relax a raft of housing purchase restrictions, including lowering minimum down payment thresholds, after the People’s Bank of China gave local authorities the power to do so in May.

Aside from housing market reforms, the resolution also focused on reforms to help China adapt to a rapidly aging population, including a pledge to gradually raise the statutory retirement age.

Chinese employees typically retire once they reach the current retirement age, set at 60 for men, and 55 for women in white-collar positions or 50 for female factory workers.

But the resolution’s mention of retirement policy following the “principle of voluntary participation with appropriate flexibility” indicates that workers will be allowed to continue working for longer in future if they are willing to do so.

“This is great news. The current retirement policy does not give workers any choice. ‘Voluntary’ respects individuals’ labor capacity and labor status,” Yang Yansui, a professor of health management at Tsinghua University, told domestic media.

The goals for the next stage of reform outlined in the document are expected to be completed by 2029, the 80th anniversary of the founding of the People’s Republic of China.

(Header image: VCG)

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : SixthTone – https://www.sixthtone.com/news/1015554/China%20Signals%20More%20Flexible%20Real%20Estate%20Policies

Tags: ChinaentertainmentSignals
Previous Post

Going for Gold: The Chinese Athletes to Watch at Paris 2024

Next Post

Is this Light-Up Fiber the Future of Smart Clothing?

LensToLens: Wetlands guard bird species from plateau to urban landscape – Xinhua

How Wetlands Safeguard Bird Species Across Plateaus and Urban Landscapes

July 3, 2025
Commentary: Vatican defends science from politics, ideology and misinformation – The Salt Lake Tribune

Vatican Takes a Bold Stand: Defending Science from Politics, Ideology, and Misinformation

July 2, 2025
Scientists Merged 3 Human Brains by Thought Alone – Popular Mechanics

Scientists Achieve Mind-Blowing Feat by Merging Three Human Brains Through Thought Alone

July 3, 2025
Retired woman shares inside look at lifestyle after moving into unconventional tiny home: ‘The best decision I’ve ever made’ – The Cool Down

Retired Woman Reveals Life-Changing Joys of Living in an Unconventional Tiny Home: “The Best Decision I’ve Ever Made

July 2, 2025
​​World Rural Development Day: Refugee-Led Farming Projects That Are Feeding the World – USA for UNHCR

​​World Rural Development Day: Refugee-Led Farming Projects That Are Feeding the World – USA for UNHCR

July 2, 2025
Trump’s economy: A weak link in MAGA’s chain – The Hill

Trump’s economy: A weak link in MAGA’s chain – The Hill

July 2, 2025
BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

July 2, 2025
About 17 Million More People Could be Uninsured due to the Big Beautiful Bill and other Policy Changes – KFF

How the Big Beautiful Bill and Policy Changes Could Leave 17 Million More People Uninsured

July 2, 2025
Politics and science can mix – High Country News

When Politics Meets Science: Finding Common Ground for a Better Future

July 2, 2025
Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

July 2, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (702)
  • Economy (728)
  • Entertainment (21,616)
  • General (15,679)
  • Health (9,767)
  • Lifestyle (732)
  • News (22,149)
  • People (729)
  • Politics (735)
  • Science (15,946)
  • Sports (21,225)
  • Technology (15,712)
  • World (709)

Recent News

LensToLens: Wetlands guard bird species from plateau to urban landscape – Xinhua

How Wetlands Safeguard Bird Species Across Plateaus and Urban Landscapes

July 3, 2025
Commentary: Vatican defends science from politics, ideology and misinformation – The Salt Lake Tribune

Vatican Takes a Bold Stand: Defending Science from Politics, Ideology, and Misinformation

July 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version