BEIJING - China has rolled out a flurry of support measures in recent months to revive its property sector which has been in crisis since policymakers began cracking down on the industry's debt levels in 2021.The following is a list of recent measures for the sector which accounts for roughly a quarter of the world's second-largest economy.
Sept 1. - China is set to take further action, sources said. Proposed measures include lifting home-purchasing curbs in non-core districts of major cities such as Beijing, Shanghai and Shenzhen and gradually removing price caps on new homes, they said. Aug. 30-Sept. 1 - Major Chinese cities say they will allow people to take preferential loans for first-home purchases regardless of their credit record.
Aug. 25 - China's cabinet approved guidelines for the planning and construction of affordable housing.July 24 - China's top leaders held a Politburo meeting and omitted the phrase"housing for living, not for speculation" in the official readout.