Expert: Policies supporting the real estate sector are expected to further strengthen in the future.

Chen Wenjing, the Director of Policy Research at the Central Research Institute, stated that the State Council's Ninth Plenary Session on August 18 further clarified that "stabilizing the market and stopping the decline" remains the target of real estate policies, releasing positive signals and conducive to stabilizing market expectations. In the future, policies supporting the real estate sector are expected to be further strengthened. Chen Wenjing analyzed that there is room for improvement in measures such as increasing the supply of high-quality housing on the supply side and increasing targeted support for home purchases on the demand side. It is expected that more cities will increase support for housing "replacement of old with new," improve supporting measures, and facilitate the chain of transactions for new and second-hand homes.