Guangzhou: Intend to actively promote the relief and development of real estate, guide real estate market enterprises to transform and upgrade.

According to reports, during the "15th Five-Year Plan" period, Guangzhou plans to effectively promote the relief and development of the real estate industry. It will adhere to a problem-oriented approach, classify and address issues, and prevent and resolve the debt risks of real estate companies. Efforts will continue to be made to alleviate difficulties in real estate projects, comprehensively using various measures to promote project construction and delivery. The role of the real estate financing coordination mechanism will be leveraged to support reasonable financing needs of projects and guide real estate development enterprises to gradually form a development mechanism with a moderate leverage ratio, reasonable debt levels, and normal turnover speed; guide real estate market companies to transform and upgrade. Real estate development enterprises will be guided to transform from traditional development to integrated development, operation, and service, deepening their involvement in city operations such as urban renewal and asset revitalization, expanding into non-development businesses such as housing leasing, property services, asset management, and lifestyle services. Real estate companies should strengthen strategic planning, improve corporate governance systems, standardize operations management, strengthen risk control, and promote the stable and orderly development of the industry.