www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

Housing bank needed to aid realty market

(Xinhua) Updated: 2015-04-07 07:44

Housing bank needed to aid realty market

Residential buildings as the sun sets in Rizhao city, Shandong province, Mar 25, 2015. [Photo/IC]

A national housing bank should be created to optimize the use of China's Housing Provident Fund and help stimulate the sluggish market, according to officials.

Zhang Qiguang, head of the fund's supervision department at the Ministry of Housing and Urban-Rural Development, said it is time for China to establish a policy-based housing financial institution or a national housing bank to boost housing demand.

The property sector is still one of the key driving forces powering the world's second-largest economy and any sudden market contraction could trigger serious risks related to debt default and to the shadow banking sector, Zhang wrote in the Economic Observer newspaper on Sunday.

He said the real estate market has been experiencing structural changes. Some cities are inundated with an oversupply of housing stock while others demand more and better houses, as increasing numbers of rural residents move into cities.

Real estate is no longer the top investment choice for many families and cash-strapped banks are tightening their policies on interest rates out of profit concerns, said Zhang.

The article proposes using the fund to create a national housing bank, by offering low-interest-rate housing loans to help middle-and low-income families afford houses.

Such a move would reduce the financial burden on commercial banks and facilitate interest rate liberalization.

It also suggests rural workers seeking jobs in cities be included in the provident fund system, with the government offering them support to buy their own homes.

The government established the Housing Provident Fund mechanism in 1998.

The program combines a 401(k)-like savings and retirement account with subsidized mortgage rates and price discounts to provide a mechanism through which an employee could save for, and eventually complete, a housing purchase.

China has 342 local provident fund regulation stations across the country holding more than 3.7 trillion yuan ($603 billion) in funds.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美视频一区在线观看 | 狠狠色综合色综合网站久久 | 欧美另类性视频在线看 | 九九国产在线 | 在线免费亚洲 | 国产在线日韩在线 | 伊人五月天婷婷琪琪综合 | 亚洲精品久久久久久久无 | 国产精品成人影院 | 国产大臿蕉香蕉大视频 | 国产vs久久 | 91福利精品老师国产自产在线 | 日韩欧美毛片免费看播放 | 欧美精品在线视频 | 国产精品久久一区二区三区 | 成人中文字幕在线高清 | 成人a毛片在线看免费全部播放 | 久久精品综合免费观看 | 高清 国产 日韩 欧美 | 午夜影院黄色 | 日韩一区视频在线 | 色综合久久88色综合天天小说 | 久草首页在线观看 | www.av日韩| 三级免费网站 | 国产自产自拍 | 国产精品美乳免费看 | 经典香港一级a毛片免费看 精品400部自拍视频在线播放 | 麻豆69堂免费视频 | 久久久久久久综合色一本 | 亚洲欧美另类在线视频 | 国产精品7m凸凹视频分类大全 | 夜色精品国产一区二区 | 国产在线不卡视频 | 美女张腿男人桶免费视频 | 国产欧美va欧美va香蕉在线观 | 亚洲bt欧美bt国产bt | 亚洲欧美日韩精品久久亚洲区色播 | 免费国产成人高清在线观看不卡 | 免费一级毛片在线播放不收费 | 台湾三级香港三级经典三在线 |