摘要
News China,Chinese Edition July 4,2022 Revivingthe Housing Market,China is loosening some restrictive policies on the real estate market,hoping the housing industry can help secure economic growth that was hit hard by the Covid-19 pandemic.The new round of polies consists of housing coupons,an altemative to cash to compensate families relocated from rundown communi-ties undergoing renovation projects,and commodity exchange,from which houses can be partly paid by for by produce,such as garlic or wheat sold to appointed franchisers.Despite the variety of stimulus padkages,housing supply still outstrips demand as a consequence of deflation policies imposed on the overheated marketin2021 whenpropertydevelopers,like Evergrande Group,lost access to liquidity.
