Shenzhen issues first house ticket worth 40.55 million yuan, new method for relocation compensation introduced.
On December 18, Shenzhen successfully issued the first housing voucher in the land preparation project of the Fuguang Building in Xili involved in the construction of Metro Line 27. The relocated unit, Shenzhen Fuguang Industrial Co., Ltd., was issued a housing voucher worth 40.55 million yuan. This marks a milestone in the innovation of Shenzhen's diverse resettlement model. "In the past, the government would build resettlement housing and we had to passively wait for three years for relocation. Now, with the housing voucher, we can choose the location, layout, and developer ourselves. The decision is completely in our hands, and choosing a house is as convenient as shopping in a supermarket!" (Shenzhen Special Zone Daily)
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