Sichuan: Implement city-specific policies to control growth, reduce inventory, and improve supply, and accelerate the establishment of a new model for real estate development.

On December 23, the Economic Work Conference of the Sichuan Provincial Party Committee was held in Chengdu, analyzing the current economic situation and deploying the economic work for the year 2026. The conference pointed out the need to actively and prudently resolve risks in key areas, continuously maintaining the bottom line of safe development. Differentiated policies will be implemented to control increments, reduce inventory, and improve supply, accelerating the establishment of a new model for real estate development. Various support policies will be fully utilized to actively and orderly resolve debt risks. Financial resources will be further decentralized to ensure the stability of the "three guarantees". Tailored measures will be taken to dispose of risks in small and medium-sized financial institutions. Various measures will be taken to stabilize energy prices and ensure energy security.