On December 15-16, the annual meeting of 2017 China Real Estate Chamber of Commerce (CRECC)”Beautiful Life.Beautiful Homes.Beautiful China” held in the Renaissance Beijing Capital Hotel. The annual meeting aims to learn and implement the nineteen spirit of the party, Opinions of Regard Building Entrepreneur Healthy Growth Environment Promoting the Outstanding Entrepreneur Spirit Better to Give Play to the Role of Entrepreneur, control current status of property industry, discuss the development trend of the industry. The meeting indicated the direction for the innovation and the transformation upgrading for the industry.

At the annual meeting Mr. Zhang Zhangsun, President of Guorui Properties Limited, said that in the future, house prices will not rise and fall, but relatively smooth. After a period of control of the real estate market, the state will introduce a real estate tax. He thought that the property tax policy will accelerate China’s real estate industry into sunset industry. “ Ten years from now on China’s real estate industry will enter into sunset industry.”

New period of the real estate historical mission should be balanced, to solve the 1.3 billion population of home ownership, there are three product structure, first is to build affordable and rental housing for the urban low-income people. It is aims to solve problems of low and middle-income people in cities without homes. Second is to solve the problem of the population or mechanism of urbanization in the new period. Currently there is still a demand for high income housing in the city. This segment will be strictly controlled from all levels of government. Third the construction of new countryside, build new village to replace the old ones, to improve the basic conditions and environment of the countryside, to solve the problem of the mechanism of modernization of farmers. To fundamentally solve the problem of housing of a population of 1.3 billion. The future national policy on property industry is to advocate the man in the house is rightly its owner, do not advocate hyping and investment and make the housing price is too high.