Currently, local governments are actively using local government special bonds (hereinafter referred to as \u201cspecial bonds\u201d), for the real estate sector to inventory, stabilize the market to provide financial support.<\/p>\n\n\n\n
The reporter noted that around the issuance of local government special bonds for the recovery and acquisition of the stock of idle land work to promote the speed is accelerating. May 23, Sichuan Provincial Department of Finance issued \u201con the issuance of 2025 Sichuan Provincial Government Special Bonds (seventeen to twenty-four) notice of relevant matters,\u201d making clear that this batch of special bonds will be issued on May 30th.<\/p>\n\n\n\n
In the \u201c2025 Sichuan Provincial Government Special Bonds (Seventeenth to Twenty-fourth) Project List\u201d (hereinafter referred to as the \u201cProject List\u201d), it includes more than 40 projects of recovering and acquiring the stock of unused land in Chengdu, Zigong, Yibin, Luzhou and other places, which involves an amount of more than 5 billion yuan.<\/p>\n\n\n\n
\u201cCurrently, Sichuan, Guangdong, Hunan, Fujian and other provinces have issued special bonds for the recovery and acquisition of stock of idle land.\u201d Chen Wenjing, director of policy research at the China Index Research Institute, said that the above provinces are all pilot areas for special bonds \u201cself-examination and self-issuance\u201d. It is expected that other regions that have announced their intention to resume the acquisition of land will refer to the practice of the provinces that have issued special bonds to speed up the pace of debt issuance and promote the recovery and acquisition of the stock of unused land to implement the work.<\/p>\n\n\n\n
In order to recover the acquisition of the stock of idle land work to provide financial support at the same time, the scope of application of special bonds has been expanded to the acquisition of the stock of commercial housing work.<\/p>\n\n\n\n\n\n\n\n
May 13, Zhejiang Province, Finance Department issued the \u201c2025 Zhejiang Provincial Government special bonds (thirteen to twenty) information disclosure documents\u201d shows that Zhejiang Province, May 20 issue of special bonds, there are more than 1.6 billion yuan of funds involved in the special bonds to acquire the stock of commercial housing work.<\/p>\n\n\n\n
\u201cZhejiang Province through special bonds to acquire the stock of commercial housing initiatives for the first time in the country, is a breakthrough in the function of special bonds and innovation again, reflecting the special bond policy tools are expanding the scope of application, in the de-inventory will play a greater role.\u201d Yan Yuejin, vice president of the Shanghai E-House Real Estate Research Institute, said to the \u201cSecurities Daily\u201d reporter, from the perspective of promoting the acquisition of stock of commercial housing, the previous financial support for the work is mainly from the guaranteed housing refinancing, Zhejiang to promote the acquisition of stock of commercial housing with special bonds, which means that the acquisition of the stock of commercial housing model to further increase the policy tools are richer, including financial tools (guaranteed housing refinancing) and financial tools (special bonds). ) and financial tools (special bonds).<\/p>\n\n\n\n
Specifically, a total of eight residential projects in Zhejiang Province included in the scope of special bonds to acquire the stock of commercial housing, located in Huzhou City, Wenzhou City, Jiaxing City, after the acquisition of the use of protective rental housing.<\/p>\n\n\n\n
Shanghai E-House Real Estate Research Institute data show that Huzhou City, Wenzhou City, Jiaxing City, 2025, new commercial residential inventory depreciation cycle of 42 months, 22 months and 23 months.<\/p>\n\n\n\n
In Yan Yuejin’s view, special bonds for the acquisition of stock of commercial housing work to take the lead in the above three or four tier cities to promote, and the local inventory is high. Zhejiang this practice for promoting the third and fourth-tier cities, high inventory city de-inventory work provides a reference path.<\/p>\n\n\n\n
It is worth noting that the aforementioned special bonds issued by Sichuan Province also have part of the funds will be used for the acquisition of stock of commercial properties. The List of Projects includes the 2025 acquisition of stock of commercial housing for use as sheltered housing projects in Shunqing District, Nanchong City, and the acquisition of stock of housing for use as sheltered housing projects in Yilong County, Nanchong City, involving an amount of 168 million yuan.<\/p>\n\n\n\n
\u201cThe use of special bonds and other financial means to take back the acquisition of stock of idle land and the acquisition of stock of commercial housing can provide greater support for the depopulation of the stock of real estate, promote the prevention and resolution of risks, and consolidate the stability of the real estate market.\u201d Yan Yuejin said that in the future, localities should actively study the structure of local inventory, make good use of special debt policy tools, implement the policy of \u201cstrict control of incremental growth, revitalization of inventory, and improve the quality\u201d, and further improve the relationship between supply and demand in the real estate market.<\/p>\n","protected":false},"excerpt":{"rendered":"
Currently, local governments are actively using local government special bonds (hereinafter referred to as \u201cspecial bonds\u201d), for the real estate sector to inventory, stabilize the market to provide financial support. The reporter noted that around the issuance of local government … Continue reading