Guangzhou plans to prioritize property-sector relief and development during the
15th Five-Year Plan period, applying problem‑oriented, classified measures to
prevent and resolve developer debt risks. The city will continue rescuing
troubled projects, using a mix of tools to advance construction and delivery,
and its real‑estate financing coordination mechanism will support reasonable
project financing needs while guiding developers toward moderate leverage,
reasonable debt levels and normal cash‑turnover speeds. Policymakers will also
steer developers from pure property development to integrated development,
operation and service models, promoting participation in urban renewal and
stock‑asset revitalization and expansion into rental housing, property
management, asset operation and life‑service businesses.
