Minister of Housing and Urban-Rural Development: Support reasonable financing needs of real estate companies, support residents' demand for both rigid and improved housing.

Minister of Housing and Urban-Rural Development Ni Hong expressed in an interview that urban renewal contains tremendous potential for investment and consumption. It is necessary to not only build new houses into "good houses", but also gradually transform old houses into "good houses". Support reasonable financing needs of real estate enterprises, and support residents' rigid and improved housing needs.