Henan provincial party and government offices issued an implementation plan to boost high-quality urban development, tasking city governments with stabilizing the property market by city-specific supply control, inventory reduction and higher-quality housing supply. The plan mandates cities to deliver 2–3 annual model "Good House" projects, accelerate urban-village and dilapidated-housing redevelopment, support owner-led refurbishment and rebuild-on-original-footprint schemes, and complete natio

2026-06-26

Henan provincial party and government offices issued an implementation plan to boost high-quality urban development, tasking city governments with stabilizing the property market by city-specific supply control, inventory reduction and higher-quality housing supply. The plan mandates cities to deliver 2–3 annual model "Good House" projects, accelerate urban-village and dilapidated-housing redevelopment, support owner-led refurbishment and rebuild-on-original-footprint schemes, and complete nationally funded urban-village redevelopment projects by 2028. It requires continued renovation of urban neighborhoods built before 2005 and promotes acquisition of existing commercial housing for use as affordable rental housing, targeting an addition of over 50,000 affordable rental units by 2030. The plan also orders a property-service quality upgrade, aiming for full coverage of community property services and party-building within property service firms.

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2026-06-25

China’s National Radio and Television Administration (NRTA) Network Audiovisual Department on June 25 issued a Management Notice establishing tiered classification standards for AI-produced micro-dramas. Works with investment of 800,000 yuan or more, or whose main plot involves political, military, diplomatic, national security, united front, ethnic, religious, judicial or public security themes, will be managed as key micro-dramas. Projects with investment between 300,000 yuan (inclusive) and 8

2026-06-26

Capital Economics economist Hamad Hussain says Fed rate expectations will lift real yields and weigh on gold, leaving further downside over the next 18 months. A sudden equity sell-off could deepen losses as investors are forced to sell high-quality assets to meet margin calls. Forecasts: gold at $3,500/oz by end-2026 and $3,250/oz by end-2027.