TEHRAN- As Chinese Minister of Housing and Urban-Rural Development Ni Hong said China will continue to improve policies to safeguard the steady and healthy development of its property market.

Measures, including favorable mortgage terms, lower interest rates, and tax and fee reliefs, were implemented last year to shore up confidence and defuse risks in the sector, Ni told a press conference which was held last week on the sidelines of the second session of the 14th National People's Congress (NPC).

The minister answered the questions of journalists from China and abroad during the press conference which was held at the Media Center in Beijing.

Given the urbanization process and the need for housing renovation, China's property market still has huge potential and room for development, he said.

It is necessary to improve the city-specific policies on real estate regulation, and meet justified financing demands of real estate enterprises under various forms of ownership on an equal basis, Ni stressed.

Also, the construction of affordable housing for sale and the supply of affordable housing for lease must be strengthened to ensure that people live and work in contentment, the minister added.

China’s ministers of education, human resources and social security, housing, and urban-rural development, as well as the director of the National Disease Control and Prevention Administration, answered the questions raised by the media regarding education, employment, social security, housing, healthcare, and disease control in a press conference on last Saturday.

China's Minister of Human Resources and Social Security Wang Xiaoping, Minister of Housing and Urban-Rural Development Ni Hong, Minister of Education Huai Jinpeng, and Chief of the National Disease Control and Prevention Administration Wang Hesheng spoke on people's livelihood for the second session of the 14th National People's Congress (NPC), and answered the questions raised by domestic and foreign media.

It is worth mentioning that China International Press Communication Center (CIPCC) arranged a program for journalists from around the world and took them to the Beijing Media Center to take part in the press conference on Saturday.

CIPCC, under the China Public Diplomacy Association (CPDA), has initiated a program to build a platform for the media from countries around the world, especially developing countries, to observe China and study development in this country.

The program aimed at media exchange was halted in 2020 and 2021 due to the Covid-19 epidemic.

In each edition of the program, journalists from all around the world gather together to get familiar with modern China and exchange their experiences in the field of journalism.

In the 2024 edition of the program, scheduled to be held from late February until late June, over 100 journalists from more than 90 countries are participating.

Photo: Chinese Minister of Housing and Urban-Rural Development Ni Hong