China’s property sector enters the era of stock housing

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. China's real estate industry has officially transitioned to a stock-phase development model, marking a pivotal structural shift in the country's urban housing landscape, senior housing officials confirmed on Friday. Chen Shaowang, vice minister of housing and urban-rural development, outlined the key development blueprint for the 15th Five-Year Plan period at a press conference hosted by the State Council Information Office. The upcoming five-year cycle will serve as a critical transformation window for China's three core urban development segments: urban and rural construction, residential and real estate markets, and the construction industry. The ministry summarized the industry's structural overhaul under a three-tier framework: two strategic shifts, two market transformations, and three industrial upgrades. Aerial view of the Southern Song Deshou Palace Ruins Museum, Hangzhou, Zhejiang Province, Oct. 24, 2025. /VCG The "two strategic shifts" apply to urban and rural development.

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