Beijing: China will resolutely restore stability in the real estate market, with efforts to provide strong financing support for eligible housing projects and ensure timely delivery of homes to buyers, Minister of Housing and Urban-Rural Development Ni Hong said Sunday at a press conference.

According to Namibia Press Agency, Minister Ni Hong emphasized the government's commitment to stabilizing the real estate sector by providing substantial financial support to housing projects that meet specific criteria. This initiative aims to ensure that homebuyers receive their properties on time, reflecting a concerted effort to address ongoing challenges in the real estate market.

The measures outlined by Minister Ni Hong are part of a broader strategy to restore confidence in the market and support economic growth by ensuring the stability of housing delivery. These efforts are expected to play a crucial role in maintaining the overall health of the real estate industry in China.