Jia Jinjing, principal researcher with the Chongyang Institute for Financial Studies at Renmin University of China. [Photo/chinanews.com]
According to the Central Economic Work Conference, intensifying anti-monopoly and preventing "disorderly capital expansion" will be the top priorities for next year. Meanwhile, financial innovation should be carried forward in the context of prudential regulation.
Jia said a signal that the central government wants to send is to improve rules of digital use and digital collection and management. Improving rules of digital use is one of the preconditions for speeding up digital development; otherwise, financial risk occurs.
Lou Jianbo, director of real estate law research center at Peking University.
According to the Central Economic Work Conference, China will work to solve prominent housing problems in big cities as one of its key economic tasks for 2021.
More attention will be given to the construction of government-subsidized rental housing, with policy improvements to ensure equal rights of tenants and house buyers for public services.
At present, there are several problems in China's rental housing market, such as unmatched supply and demand in types of housing and difficulties in renting a house for a long time, Lou said. If rent adjustments are listed in tenancy agreements, and some elastic clauses are added to satisfy both sides, it will benefit the long-term development of the rental market.
