Houses Are For Living, Not For Speculation
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Houses Are For Living, Not For Speculation
"Houses are for living, not for speculation" ( zh, s=房子是用来住的,不是用来炒的, hp=Fángzǐ shì yònglái zhùde, bùshì yònglái chǎode) is a Chinese political slogan to curb excessive speculation in the real estate market. The phrase was first coined by Xi Jinping, the General Secretary of the Chinese Communist Party, general secretary of the Chinese Communist Party (CCP), in December 2016, and later became the guiding policy of the Government of China, Chinese government towards the Real estate in China, real estate sector. History Due to the rapid growth of the property market and lack of other financial options, real estate became a source of speculative investment after the start of the Chinese economic reform, economic reforms. In December 2016, at the annual meeting of the Central Economic Work Conference, Xi gave a speech, where he introduced the concept "houses are for living, not for speculation". He repeated the slogan during the opening speech ...
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Xi Jingping Ecuador Y China Firman 11 Convenios De Cooperación (cropped)
Xi (letter), Xi is the 14th letter of the Greek alphabet. Xi may refer to: Arts and entertainment * Xi (alternate reality game), ''Xi'' (alternate reality game), a console-based game * Xi, Japanese name for the video game ''Devil Dice'' * ''Saw XI'', an upcoming film in the ''Saw'' franchise Phonetics * Xi, a List of Latin digraphs#X, Latin digraph used in British English to write the sound People *Xi (surname), any of several Chinese surnames **Xi Jinping, General Secretary of the Chinese Communist Party since 2012 Places *Xi (state), an ancient Chinese state during the Shang and Zhou Dynasties *Xi County, Henan, China *Xi County, Shanxi, China *Xi River, western tributary of the Pearl River in southern China Other uses * Xi (business), a Chinese form of business organization * Xi baryon, a range of baryons with one up or down quark and two heavier quarks * Xi, a brand name for the 4G LTE mobile telecommunications service operated by NTT DoCoMo in Japan * Xi (apartment), a ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Chinese Political Catchphrases
Chinese may refer to: * Something related to China * Chinese people, people identified with China, through nationality, citizenship, and/or ethnicity **Han Chinese, East Asian ethnic group native to China. **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of various ethnicities in contemporary China ** Ethnic minorities in China, people of non-Han Chinese ethnicities in modern China ** Ethnic groups in Chinese history, people of various ethnicities in historical China ** Nationals of the People's Republic of China ** Nationals of the Republic of China ** Overseas Chinese, Chinese people residing outside the territories of mainland China, Hong Kong, Macau, and Taiwan * Sinitic languages, the major branch of the Sino-Tibetan language family ** Chinese language, a group of related languages spoken predominantly in China, sharing a written script (Chinese characters in traditional and simplified forms) *** Standard Chines ...
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2016 Quotations
Sixteen or 16 may refer to: *16 (number) *one of the years 16 BC, AD 16, 1916, 2016 Films * ''Pathinaaru'' or ''Sixteen'', a 2010 Tamil film * ''Sixteen'' (1943 film), a 1943 Argentine film directed by Carlos Hugo Christensen * ''Sixteen'' (2013 Indian film), a 2013 Hindi film * ''Sixteen'' (2013 British film), a 2013 British film by director Rob Brown Music *The Sixteen, an English choir *16 (band), a sludge metal band *Sixteen (Polish band), a Polish band Albums * ''16'' (Robin album), a 2014 album by Robin * 16 (Madhouse album), a 1987 album by Madhouse * ''Sixteen'' (album), a 1983 album by Stacy Lattisaw *''Sixteen'' , a 2005 album by Shook Ones * ''16'', a 2020 album by Wejdene Songs * "16" (Sneaky Sound System song), 2009 * "Sixteen" (Thomas Rhett song), 2017 * "Sixteen" (Ellie Goulding song), 2019 *"Six7een", by Hori7on, 2023 *"16", by Craig David from ''Following My Intuition'', 2016 *"16", by Green Day from ''39/Smooth'', 1990 *"16", by Highly Suspect from ''MCID'' ...
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Securities Daily
''Securities Daily'' (; ) is a Beijing-based securities newspaper sponsored by the Economic Daily Press Group. It is published in Chinese by the Securities Daily Office, and is publicly distributed in all of China. The newspaper was officially launched on 18 October 2000. ''Securities Daily'' is one of the media outlets authorised by the China Securities Regulatory Commission The China Securities Regulatory Commission (CSRC) is a government agency directly under the State Council of the People's Republic of China. It is the main regulator of the securities industry in China. History Indicative of the role of the C ... to issue public disclosures. It is one of the four major securities newspapers in China. References Newspapers established in 2000 Daily newspapers published in China Newspapers published in Beijing {{PRChina-newspaper-stub ...
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Three Red Lines
The three red lines (Chinese: 三條紅線, Simplified: 三条红线, Pinyin: sān tiáo hóng xiàn) are financial regulatory guidelines in the People's Republic of China introduced in August 2020 relating to the ratio of debt to cash, equity, and assets. It was introduced to help rein in the highly indebted property-development sector in China, seen especially in large real estate concerns such as Evergrande, which faced a liquidity crisis in Q4 2021. History In 2017, Chinese Communist Party (CCP) general secretary Xi Jinping's government started to tighten the real estate market based on the principle that "property is to be lived in, not to be speculated on." These remarks came during the 19th CCP National Congress. The three red lines were the most stringent regulatory measures based on these remarks. These rules were issued in 2020. They stated property should adhere to the following rules: * Liabilities should not exceed 70 percent of assets (excluding advance procee ...
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Land Finance
Land finance is a key component of Economy of China, China's economy in various aspects of the country's urban development. Most scholars summarize it as a fiscal operation model in which local governments obtain land transfer fees by selling land use rights and rely on them as a primary source of Government revenue, fiscal revenue, or referring to Chinese local governments' high reliance on various types of land-related financing. Local governments gain substantial financial resources by controlling key stages such as the acquisition, reservation, and transfer of urban construction land. These funds are then invested in urban infrastructure development and the provision of Public service, public services, thereby promoting Urbanization in China, urbanization and economic growth. The motivation of land finance The objectives of local governments in land transfer are to pursue developmental interests and to maintain social stability. The motivations for land transfer can be summariz ...
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