2.069 million housing units in shanty towns in China were renovated in the January-November period this year, as announced by the Ministry of Housing and Urban-Rural Development of China (MOHURD).
At the same time, MOHURD also announced that it will give priority to developing policy-based rental housing in major cities with a net inflow of people. Many problems have been reported in relation to rental houses in the real estate market in the current year, attracting the central government’s attention.