The Chinese Premier's Speech Highlights China's Efforts to Regulate the Real Estate Market

In his speech, President Xi Jinping highlighted China's efforts to regulate the real estate market and prevent further decline in the country's economy.

According to the Chinese government, the country has been taking several measures to control the real estate market, including increasing the number of homebuyers' credit scores and improving the quality of residential properties. The government also announced plans to reduce the tax burden on buyers by lowering property taxes and making it easier for them to buy houses.

However, despite these efforts, some experts have warned that the real estate market is still experiencing some fluctuations, which could lead to further decline in the economy. They suggest that the government should take more aggressive measures to control the market, such as implementing stricter regulations on land sales and imposing higher prices for new homes.

The Chinese government has taken some positive steps towards regulating the real estate market, but there is still much work to be done. It remains to be seen how effective these measures will be in preventing further decline in the economy and ensuring stable growth in the long run.