Wang Lin: This year's real estate market will be in the adjustment of the development

BEIJING, May 5 (Xinhua Wang Zhihen), sponsored by the Institute of Urban Development and Environment of the Chinese Academy of Social Sciences and the Social Science Literature Publishing House, "the 2010 China Real Estate Summit Forum and the 2010 real-estate Blue Book" conference held in Beijing today.　　Wang, deputy director of the Policy Research Center of the Ministry of Housing construction, gave a speech at the press conference and predicted that the future property market regulation would not be relaxed, and the 2010 real estate markets would develop in the adjustment. The following is a transcript of Wang Lin (excerpt): The 2010 market judgment, one is the market instability, regulation will not relax. We do not expect the stage of regulation, we have eaten a lot of losses, and continue to adjust, encountered a point of adjustment, I think the State Council under a lot of determination. What is the purpose? We also do not understand this, we are the regulation of a development of a company or the target of who, not that thing. In order to keep development, regulation is to establish a long-term market stability and improve the market. So this time the determination is big, and must have the long-term preparation, why?　　If this regulation effect does not come out, I think the government will certainly not relax. Second, the 2010 real estate market will be in the adjustment of development. Adjustment is inevitable, why also talk about development? Because it has the foundation of development. First, so many cities nationwide, not Beijing, Shanghai, so several cities, especially small and medium-sized cities, the market is relatively stable. I listened to Changsha this morning, the market is still relatively stable, relatively good. If it is a county, or even an important city in the west, the whole market is not a few cities, this is to look from the scope, because it is less speculative ratio, so as to maintain market stability is normal. Most cities will continue to develop. Second, we are now the proportion of housing and policy, more than 70% of the land used to build security housing, shanty towns and small and medium-sized commercial housing, which is the basis of our maintenance market elements. Third, the policy has to be skewed and the first housing has not changed. Although temporary stagnation does not mean that the market does not develop throughout the year. Of course, the development to have to understand, and the 2009 standards can not be compared with it, if compared with it, there is no development, because it is too hot.　　It is not possible to have a 2008-year slump, mainly reflecting the development of the market, reflected in sales. Third, the rolling effect of investment, the long-term effect of consumption will not change. The investment is very strong, you know "4 trillion", last year, half of the vote this year, and the lag effect of last year's investment is still playing a role, infrastructure is still under construction. Our railways, airports and so on are still under construction, and the long-term consumption effect will not change, because we have just said that we have 2.6 billion of the renminbi in the bank, we have not put the money in other directions, and there is no other direction, so it would be a long time ago. So the development of the real estate market, we have to believe that there is no problem, just to be sustained, stable and healthy.