China has built the world's largest housing guarantee system. and will continue to suppress housing speculation The country's urban planning agency said on Tuesday.In 2019, the per capita residential area of urban residents reached 39.8 square meters, said Wang Menghui, Minister of Housing and Urban-Rural Development,
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said rural residents reached 48.9 square meters. press release Wang said China's urbanization rate of long-term residents was 63.89% last year, adding that the urbanization area was 61,000 square kilometers.He said that China It also "solved housing safety problems" for the poor in rural areas as well.
Since the high-priced housing program was implemented in 2008, the ministry has created more than 78 million affordable housing and resettlement packages, and more than 22 million people have received housing subsidies.the city renovation China will take measures to prevent the demolition of large buildings.