Consumer Discretionary, Real Estate, Financials Jan 20, 2022 09:29 AM (GMT+8) · EqualOcean
The sixth session of the 15th Shanghai Municipal People's Congress opened at the Expo Center on the morning of January 20. Gong Zheng, mayor of Shanghai, made a report on the work of the government. The report points out that in 2021, the city will complete the reconstruction of houses below grade II old lane in the central urban area of 901000 square meters, complete the reconstruction projects of 13 urban villages, build and raise 67000 sets (rooms) of affordable rental housing, formulate and implement "Shanghai ten articles" and "Shanghai seven articles" and other regulatory policies, and maintain the steady and healthy development of the real estate market.