China plans to intensify efforts in 2025 to stabilize its housing market, addressing challenges in the real estate sector, including the rising demand for affordable housing and urban renovations.
According to a recent work conference by China's housing regulator, the government will continue reforms to stabilize the real estate market and prevent further declines.
Key initiatives include expanding urban village renovations and strictly controlling commercial housing supply while boosting affordable housing options. These measures aim to address the needs of new citizens, young people, and migrant workers.
Policymakers have already implemented strategies since September to revive home demand, such as cutting mortgage rates, reducing down payments, and offering tax incentives.
As a result, the real estate market has shown signs of recovery, with home transactions experiencing growth in October and November. The slow pace of falling home prices marks a positive shift for the industry heading into 2025.
The United States and China have entered the second day of high-stakes tariff negotiations in Geneva, with no significant breakthroughs yet, but U.S. President Donald Trump is optimistic about progress.
Senior U.S. and Chinese officials convened in Geneva over the weekend for in-depth discussions aimed at easing the trade tensions between the two economic powerhouses.
After weeks of escalating economic tensions and record-high tariffs, China’s Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent met in Geneva on Saturday in a bid to stabilize relations between the world’s two largest economies.
China has agreed to send its top economic official for rare trade talks with the U.S. in Geneva, as deepening economic troubles and geopolitical frictions force Beijing back to the negotiating table.
Ukraine has imposed sanctions on one Chinese firm and three Iranian companies, as outlined in a presidential decree issued Friday.
U.S. Secretary of State Marco Rubio is set to participate in an informal NATO foreign ministers meeting in Türkiye, focusing on strategies to end the Russia-Ukraine war.
The United States and Iran have concluded a fourth round of mediated talks in Muscat, Oman, showing signs of progress as both nations prepare for the next phase of negotiations.
The United States and China have entered the second day of high-stakes tariff negotiations in Geneva, with no significant breakthroughs yet, but U.S. President Donald Trump is optimistic about progress.
Over 100 people have died after severe flooding struck a village near Lake Tanganyika in eastern Democratic Republic of Congo (DRC), exacerbating the region's ongoing challenges.
A Soviet-era spacecraft, Kosmos 482, plunges to Earth's atmosphere on Saturday, more than 50 years after its failed launch to Venus, with its fiery descent tracked by both Russian and European space agencies.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Pope Leo XIV made a surprise visit to the Basilica of Our Lady of Good Counsel in Genazzano. AnewZ covered the event, with journalist Maria Rodriguez Abalde on-site. She witnessed the occasion firsthand and documented key moments. More images and footage will be available soon.
In a notable shift from traditional Republican policy, President Donald Trump has proposed raising taxes on high-income earners to help finance broader tax cuts for middle- and working-class Americans.
Ukraine is exploring whether to replace the U.S. dollar with the euro as its reference currency, as Kyiv aligns more closely with the EU and global trade fractures deepen.
The U.S. Federal Reserve kept its benchmark federal funds rate unchanged on Wednesday, maintaining the target range at 4.25% to 4.50%, in a widely expected move as the central bank navigates a complex economic environment marked by slowing inflation, global trade tensions, and political pressure.
Ford is raising prices on three of its Mexico-made models starting May 2, becoming one of the first major automakers to react to U.S. President Donald Trump's steep auto tariffs, which are reshaping industry costs and consumer prices.
As European NATO countries rush to strengthen their armed forces, large pension bills threaten to divert funds from urgently needed military hardware.
U.S. Secretary of State Marco Rubio is set to participate in an informal NATO foreign ministers meeting in Türkiye, focusing on strategies to end the Russia-Ukraine war.
The United States and Iran have concluded a fourth round of mediated talks in Muscat, Oman, showing signs of progress as both nations prepare for the next phase of negotiations.
The United States and China have entered the second day of high-stakes tariff negotiations in Geneva, with no significant breakthroughs yet, but U.S. President Donald Trump is optimistic about progress.
Over 100 people have died after severe flooding struck a village near Lake Tanganyika in eastern Democratic Republic of Congo (DRC), exacerbating the region's ongoing challenges.
A Soviet-era spacecraft, Kosmos 482, plunges to Earth's atmosphere on Saturday, more than 50 years after its failed launch to Venus, with its fiery descent tracked by both Russian and European space agencies.
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