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The two sessions approved China's 15th five-year plan, a key step toward achieving the goals of socialist modernization by 2035. Our correspondent Bruno Falci brings us more details. teleSUR
Transcript
00:00China's new five-year plan reinforces its commitment to the well-being of its population.
00:05One of its objectives is to guarantee higher quality housing in a country where more than 90% of families
00:10own their homes,
00:11with the goal now of reducing costs and improving the quality of the housing stock.
00:15Our correspondent Bruno Fossey has the details.
00:19Greetings, comrades.
00:20From here, Beijing, where in the last week the two sessions has concluded
00:25and the 15 five-year plan, from 2026 to 2030, was deliberated.
00:33Among its main objective is China's commitment to the well-being of the people
00:39and the improvement of their quality of life, as exemplified by the state housing policy.
00:47Today, more than 90% of the Chinese people own their homes
00:52and the plan seeks to guarantee greater comfort, security and accessibility,
00:59with special attention to families with multiple children.
01:03The key measures include optimizing the supply of affordable housing,
01:09reforming the housing saving funds and promoting a model that combines renting and buying.
01:16furthermore, the autonomy of local government is strengthening,
01:22allowing the solution tailored to each region.
01:26The plan promotes the construction of green, safe, smart and comfortable homes,
01:34with comprehensive management system throughout the entire life cycle of the properties.
01:43According to official data from the National Bureau of Statistics,
01:48new housing prices in the 17 largest cities have fallen for more than 30 consecutive months,
01:57while current policies aim to stabilize the market and improve the supply of affordable housing.
02:05demand from new urban homes is projected to remain balanced,
02:11contributing to orderly and sustainable development.
02:16These policies reflect China's strategic vision of ensuring the well-being of its population
02:25and consolidating the stability of the real state market and fostering inclusive, high-quality economic growth.
02:36The two sessions thus send a clear signal, priorizing self-resilience, quality of life and new era of developments.
02:48With this news from here, the capital of China, we return with you in the studios.
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