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筆記:

housing projects:住房項目
low-rent government-owned apartments:廉租房
financial institutions:金融機構(gòu)
Welfare housing:福利分房
migrant workers:外來務(wù)工人員
bond issuances:債券發(fā)行
affordable housing:經(jīng)濟適用房

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