BAKU, Azerbaijan, May 17. China intends to
focus on the construction of a new generation of safe, green, and
smart housing, Wang Shengjun, Chief Economist of the Ministry of
Housing and Urban-Rural Development of the People's Republic of
China, said during the panel session titled "Housing for Urban
Prosperity and Opportunities for All," held within the framework of
WUF13 in Baku, Trend
reports.
According to him, the housing needs of China's population are
changing, with citizens increasingly focusing not just on the
availability of housing, but on its quality.
"Now people want to live in better homes. Therefore, we are
promoting the concept of safe, comfortable, green, and smart
housing," he noted.
Wang Shengjun emphasized that this concept applies not only to
new construction but also to the modernization of the old housing
stock.
"We strive to transform old houses into high-quality modern
housing. This concerns not only commercial housing but also social
housing," he said.
He noted that the Chinese authorities provide significant
support for the construction of social housing through the
provision of low-cost land resources, tax and financial incentives,
as well as long-term financing at low rates.
According to the ministry representative, a transparent system
for the allocation of social housing operates in the country, based
on the principles of fairness and a queue system.
"In many cities, a queue system has been created, thanks to
which citizens can apply, indicate their housing needs and
solvency, after which housing is allocated in a transparent
manner," he explained.
Wang Shengjun added that such measures not only help solve the
housing problems of the population but also contribute to
sustainable socio-economic development and increase the
competitiveness of Chinese cities.