Guangzhou plans to optimize its "housing coupon" resettlement policy and broaden
its scope during the 15th Five-Year Plan period to reduce stock of commodity
housing. The city will establish an all‑caliber inventory database to
dynamically monitor unsold supply across categories — supplied but not started,
started but not sold, under-construction unsold, and completed unsold. Policy
measures include supporting acquisition of existing commodity housing as
resettlement units in urban-village redevelopment, encouraging purchase of stock
commercial and office properties for operational resettlement use, and stepping
up destocking of commercial-office assets with targeted conversions to medical,
education, elderly-care, hotel, wellness and affordable housing where
appropriate. Guangzhou will also steadily advance purchases of stock commodity
housing for affordable housing.
