"Strengthening the housing security for first-time married and first-time parenting families" is mentioned in the government work report for the first time.
On March 5th, the Fourth Session of the Fourteenth National People's Congress opened, with Premier Li Keqiang delivering the government work report. The real estate industry impacts investment and consumption, while housing issues are crucial to people's livelihood and development. This government work report has a lot of focus on real estate-related work. On one hand, it continues to emphasize "strengthening risk prevention and resolution in key areas and building safety capacity" within a larger framework. This means that risk prevention in the real estate sector will continue to be a key focus in the construction sector this year. At the same time, it explicitly states the need to "coordinate risk prevention and development," and proposes "promoting urban renewal in high quality" in the development of new urbanization. In addition, for the first time, deployment is made when discussing guarantee work.
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