Total of 2.85 mln presold homes delivered in China

A total of 2.85 million presold homes had been delivered in China by Wednesday as the country is making efforts to ensure timely delivery of pre-sale housing, according to the Ministry of Housing and Urban-Rural Development.

To enhance the delivery of pre-sale housing, local governments across the country have adopted targeted measures and innovative approaches. A total of 297 cities at or above the prefecture level have established mechanisms for coordinating real estate financing.

With the support of these mechanisms, banks have optimized their loan management process for real estate development, introduced new credit financing methods, and helped more real estate projects solve financing problems.

The promotion of the presold house delivery work has accelerated the completion of real estate projects, boosted the confidence of home buyers and stabilized market expectations.

As of Wednesday, the delivery rate of pre-sold houses had exceeded 80 percent in 74 provinces and cities, surpassed 90 percent in 24 cities, and hit 100 percent in six cities.

Total of 2.85 mln presold homes delivered in China

Liu Haixing, special envoy of General Secretary of the Communist Party of China (CPC) Central Committee Xi Jinping, visited Laos on Tuesday to congratulate the successful convening of the 12th National Congress of the Lao People's Revolutionary Party (LPRP) and Thongloun Sisoulith on his election as general secretary of the 12th LPRP Central Committee.

Liu, head of the International Department of the CPC Central Committee, delivered a congratulatory letter from Xi to Thongloun and conveyed a message.

The message stated that China stands ready to work with Laos to advance the continuous development of a China-Laos community with a shared future, guided by the important consensus reached by the top leaders of the two parties and two countries.

Thongloun expressed his sincere appreciation and extended warm greetings to Xi.

He noted that the new central leadership of the LPRP attaches great importance to developing relations with China and is willing to work closely with China to continuously elevate bilateral relations between the two parties and two countries to a higher level.

Xi's special envoy visits Laos