China will promote the construction of low-income housing projects, especially low-rent government-owned apartments. It will also allow financial institutions to lend to qualified local government financing vehicles for public rental housing projects.
Welfare housing is intended to provide low- and middle-income households, newly-employed laborers and migrant workers with affordable living options. Other measures to guarantee funding for government-subsidized housing construction include increased land sale premiums and bond issuances.
The central government undertook to build 10 million units of government-subsidized affordable housing this year, and 36 million units over the next five years.
vivi笔记：
housing projects：住房项目
low-rent government-owned apartments：廉租房
financial institutions：金融机构
Welfare housing：福利分房
migrant workers：外来务工人员
bond issuances：债券发行
affordable housing：经济适用房
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