Yanzi Valley of Jingcheng

Chapter 295 Reference Catalog of Favorable Policies for Renting Houses at the National Level

The content of this chapter has nothing to do with the main text, and you can enter it selectively.

According to the "Peking University Legal Information Network" and the Qianzhan Industry Research Institute, as of March 2022, the positive policies on the housing rental market at the national level in the past 3 years are summarized as follows:
1. Resolution on the Outline of the Tenth Five-Year Plan for National Economic and Social Development and the Report on the Outline of the Fourth Session of the Ninth National People's Congress in March 2001

Section [-] Improving the Market System

Further open the market, liberalize prices, continue to develop the commodity market, ...deepen the reform of the land use system, comprehensively implement the bidding and auction system for commercial land, standardize the primary land market, activate the secondary real estate market, and develop the housing rental market.

2. In March 2001, "The Outline of the Tenth Five-Year Plan for National Economic and Social Development of the People's Republic of China" reform and opening up, Chapter 3

Chapter No.16 Promoting Reform and Improving the Socialist Market Economic System

Section [-] Improving the Market System

Further open the market, liberalize prices, continue to develop the commodity market, focus on cultivating and developing the factor market, and establish and improve a nationally unified, fair competition, standardized and orderly market system. …Deepen the reform of the land use system, comprehensively implement the bidding and auction system for commercial land, regulate the primary land market, activate the secondary real estate market, and develop the housing rental market.Reform the price management system and further improve the mechanism for market formation of prices.

3、2009年3月《No.11届全国人民代表大会第二次会议关于2008年国民经济和社会发展计划执行情况与2009年国民经济和社会发展计划的决议》三、２００９年经济社会发展的主要任务和措施。

([-]) Implement a proactive fiscal policy and a moderately loose monetary policy, and further strengthen and improve macro-control.Efforts will be made to expand consumption, especially household consumption.

……

([-]) Cultivate consumption hotspots and expand consumption space.Encourage the consumption of ordinary commodity housing, support residents to purchase housing for self-occupation, and regulate the development of the second-hand housing market and the housing rental market.

4、2009年3月《No.11届全国人民代表大会第二次会议关于2008年中央和地方预算执行情况与2009年中央和地方预算的决议》

([-]) Active and effective fiscal macro-control

Reduce the burden on enterprises and residents.

Implement fiscal and taxation support policies to promote the construction of low-rent housing, affordable housing and the development of the housing rental market.Reduce the tax burden on housing transactions.

5. In March 2009, "Opinions of the State Council on the Implementation of the Division of Labor of Key Work Departments in the Government Work Report (3)" 2009. Actively expand domestic demand, especially consumer demand, and enhance the role of domestic demand in stimulating economic growth
([-]) Promote the stable and healthy development of the real estate market.

……

Actively develop public rental housing, and accelerate the development of the second-hand housing market and housing rental market.Continue to rectify and standardize the order of the real estate market.Help migrant workers in cities to solve housing difficulties.

6. March 2010 "Opinions of the State Council on the Implementation of the Division of Labor among Key Work Departments in the Government Work Report (3)" VI. Focus on ensuring and improving people's livelihood and promoting social harmony and progress

(29) Promote the stable and healthy development of the real estate market.

Continue to support residents' self-occupied housing consumption, increase the supply of land for low- and medium-priced, small and medium-sized ordinary commercial housing, speed up the approval and construction progress of ordinary commercial housing projects, standardize the development of the second-hand housing market, advocate housing rental consumption, and revitalize the housing rental market.Restrain speculative housing purchases, increase the implementation of differentiated credit and tax policies, and improve the pre-sale system for commercial housing.

7、2011年3月《No.11届全国人民代表大会第四次会议关于2010年国民经济和社会发展计划执行情况与2011年国民经济和社会发展计划的决议》（七）着力保障和改善民生，建立健全基本公共服务体系和社会管理机制。

(4) Accelerate the construction of the housing security system.Intensify the construction of low-income housing projects, carry out large-scale construction of low-income housing such as public rental housing, accelerate the transformation of shantytowns in cities, industrial and mining areas, forest areas, and reclamation areas, and establish a stable government investment mechanism and social fund repayment guarantee mechanism. Land supply and construction plans, encouraging social funds to participate in the construction and operation of public rental housing.

8. March 2011 "Opinions of the State Council on the Implementation of the "Government Work Report" on the Division of Key Work Departments (3)" VI. Strengthening Social Construction and Guaranteeing and Improving People's Livelihood
(29) Unswervingly do a good job in regulating the real estate market.

Regulate the development of the housing rental market.Strictly implement differentiated housing credit and tax policies, adjust and improve real estate-related tax policies, strengthen tax collection and management, and effectively curb speculative and investment-oriented purchases of houses.

9. "Report of the State Council on the Construction and Management of Urban Indemnificatory Housing" in October 2011 II. Current Basic Policies for Urban Housing Security
([-]) Determine the scope and method of housing security according to local conditions.

…We consider that in recent years, housing security has been mainly based on physical security; after efforts in the next few years, the relationship between housing supply and demand has eased and the housing rental market has developed to a certain extent, it will gradually turn to monetary subsidies as the mainstay.

10. In December 2012, the second section of the "Notice of the State Council on Printing and Distributing the "Twelfth Five-Year Plan" for the Development of the Service Industry" vigorously developed the life service industry
([-]) Real estate industry.

Strengthen and improve the regulation of the real estate market, strengthen market supervision, standardize the order of the real estate market, and promote the healthy development of the real estate market.Cultivate and standardize the housing rental market and guide rational consumption of housing.

March 2014 "Notice of the Central Committee of the Communist Party of China and the State Council on Printing and Distributing the National New Urbanization Plan (3-2014)"

Improve the housing supply system.Accelerate the establishment of a housing supply system that relies on the government to provide basic guarantees and relies on the market to meet multi-level demands.For urban low-income and lower-middle-income families with housing difficulties, both rental and sales are implemented, with rent as the mainstay, and affordable housing projects are provided to meet basic housing needs.Steadily increase the supply of commercial housing, vigorously develop the second-hand housing market and the housing rental market, promote the diversification of housing supply entities, and meet the diverse housing needs of the market. ...

11. Guiding Opinions of the Ministry of Housing and Urban-Rural Development on Accelerating the Cultivation and Development of the Housing Leasing Market in January 2015

Cultivating the housing rental market is a systematic project involving many aspects, and all localities should provide policy support in finance, taxation, and business management.

……

Institutions and real estate development companies that need to go through relevant procedures such as planning changes and renovations to operate leased housing shall be actively supported.If residents who rent houses need to issue a certificate of stable residence, the process should be simplified and handled actively.

12. "Notice of the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People's Bank of China on Relaxing the Conditions for Withdrawing Housing Provident Funds to Pay Rent" in January 2015

13、2015年10月《国家税务总局公告2015年第73号――关于发布<减免税政策代码目录>的公告》

Lease of public housing and low-rent housing at the price stipulated by the government is exempt from business tax, personal income tax is reduced for personal rental housing, and property tax for personal rental housing is temporarily reduced at a tax rate of 4%.

14. In February 2016, "Several Opinions of the State Council on Further Promoting New-type Urbanization" VIII. Improving the Urban Housing System

(27) Establish an urban housing system that emphasizes both purchase and rent.To meet the housing needs of new citizens as the main starting point, establish a housing system that combines both purchase and renting, market allocation and government guarantees, and improve the housing supply system that focuses on the market to meet multi-level needs and provides basic guarantees based on the government. …For permanent residents who do not have the ability to purchase a house or have no desire to purchase a house, support them to rent a house to live in through the housing rental market.For qualified low-income families with housing difficulties, their basic housing needs are guaranteed by providing public rental housing or issuing rental subsidies.

(28) Improve the urban housing security system.Housing security adopts a combination of physical objects and rental subsidies, and gradually shifts to rental subsidies.Accelerate the promotion of the rental subsidy system, adopt the method of providing houses in the market and distributing subsidies from the government, and support qualified agricultural transfer population to rent houses through the housing rental market. ...

(29) Accelerate the development of a specialized housing rental market.Through the implementation of land, planning, finance, taxation and other related support policies, cultivate specialized market players, guide enterprises to invest and purchase houses for leasing operations, support real estate companies to adjust asset allocation and hold houses for leasing operations, and guide housing leasing companies and real estate development The business operates new rental housing.Support professional enterprises, property service enterprises, etc. to carry out leasing operations through leasing or purchasing social idle housing, implement preferential tax policies to encourage residents to rent housing, and activate the stock housing leasing market.Encourage commercial banks to develop credit products suitable for the development of housing leasing business, and provide housing credit support to enterprises that purchase commercial housing and carry out leasing business under the principles of risk control and commercial sustainability.

15、2016年3月《中华人民共和国国民经济和社会发展No.13个五年规划纲要》Chapter 35健全住房供应体系第二节促进房地产市场健康发展
……

Actively develop the housing leasing market, encourage natural persons and various institutional investors to purchase commercial housing in stock, expand the housing supply in the leasing market, and encourage the development of specialized enterprises whose main business is housing leasing. ...

16、2016年3月《No.12届全国人民代表大会第四次会议关于2015年国民经济和社会发展计划执行情况与2016年国民经济和社会发展计划的决议》二、2016年经济社会发展要引领经济新常态、贯彻发展新理念三、2016年经济社会发展的主要任务（一）推进供给侧结构性改革重点任务。三是有序化解商品房库存。

Cultivate and develop the housing rental market, encourage natural persons and various institutional investors to purchase commercial housing in stock, and expand the housing supply in the rental market.Increase the monetization and resettlement ratio of shantytown renovation and other housing expropriation projects, and implement monetization of public rental housing. ...

17. In March 2016, the "Notice of the State Council Approving and Transmitting the National Development and Reform Commission's Opinions on the Key Work of Deepening Economic System Reform in 3" IV. Continue to promote the transformation of government functions, reform and improve the system and mechanism of "three reductions, one reduction and one supplement" (2016 [-]) Improve systems and mechanisms that are conducive to reducing overcapacity, destocking, and deleveraging.

……

Promote the reform of the housing system with the main starting point of meeting the housing needs of new citizens, establish a housing system that emphasizes both purchase and rent, gradually include qualified migrants in the scope of public rental housing supply, and implement both physical security and monetary subsidies for housing security. Gradually shift to focus on rental subsidies, develop the housing rental market, study supporting policies to encourage the development of housing rental companies, and promote destocking of real estate. ...

18. In April 2016, "Notice of the Ministry of Land and Resources on Further Improving Land Service Guarantees for New Urbanization Construction"

([-]) Improve housing land supply policies.

……

The land for real estate projects that have not started construction is allowed to be changed in accordance with relevant regulations and used for the construction of resettlement houses for shanty towns and public rental housing.Encourage the development of the housing leasing market by means of all kinds of housing construction and changing the use of existing non-residential land.

19. In April 2016, the "Notice of the National Development and Reform Commission, the Ministry of Education, the Ministry of Industry and Information Technology, etc. on Printing and Distributing the Action Plan for Promoting Consumption-Driven Transformation and Upgrading"

(8) Stabilize housing consumption expectations.Increase the supply of land for residential construction in first-tier and some hot second-tier cities; increase the management of real estate intermediaries to standardize the order of the real estate market; accelerate the cultivation and development of the housing rental market.

20. Several Opinions of the General Office of the State Council on Accelerating the Cultivation and Development of the Housing Leasing Market in May 2016

[-]. General requirements
([-]) Guiding ideology. ...with the establishment of a housing system that emphasizes both purchase and rent as the main direction, and improve the housing rental system that focuses on market allocation and provides basic guarantees from the government.Support housing rental consumption and promote the healthy development of the housing rental market.

(2020) Development goals.By [-], a housing leasing market system with diversified supply entities, standardized business services, and stable leasing relationships will basically be formed, and a basic, fair and sustainable public rental housing security system will be basically formed, with clear market rules, strong government supervision, and A housing leasing legal system with adequate protection of rights and interests promotes the realization of the goal of housing for urban residents.

21. "Several Opinions on Accelerating the Cultivation and Development of the Housing Leasing Market" in June 2016

Cultivate market supply entities, encourage housing rental consumption, improve public rental housing, support the construction of rental housing, increase policy support, and strengthen housing rental supervision.

22. The 2016 Central Economic Work Conference in December 12

It is necessary to speed up the legislation of the housing rental market and accelerate the development of institutionalized and large-scale rental companies.

23. The No.2016 meeting of the Central Finance and Economics Leading Group in December 12

Regulating the housing rental market and curbing real estate bubbles are major livelihood projects for people to live in a place where they can live.It is necessary to accurately grasp the residential properties of housing, to meet the housing needs of new citizens as the main starting point, to establish a housing system that combines purchase and rent as the main direction, to meet multi-level needs with the market as the mainstay, to provide basic guarantees with the government as the mainstay, and to regulate and control by category. The local government should focus on multiple policies including finance, taxation, land, and market supervision to form a long-term institutional arrangement so that all people can live in a place where they can live.

24. In April 2017, "Notice on Strengthening the Management and Regulation of Housing and Land Supply in the Recent Period"

Incorporate new rental housing into the housing development plan, and use various methods to increase the effective supply of rental housing land.Encourage real estate development enterprises to participate in the transformation of industrial plants, improve supporting facilities and transform them into rental housing, and pay land income on an annual basis.In super-large and super-large cities where the contradiction between supply and demand of rental housing is prominent, carry out pilot projects of building rental housing on collectively-used construction land.Encourage individuals to rent out their own housing in accordance with the law to revitalize stock housing resources.

25. "Notice on Accelerating the Development of the Housing Leasing Market in Large and Medium-sized Cities with Net Inflow of Population" in July 2017

Cultivate institutionalized and large-scale housing leasing enterprises, and actively support and promote the development of real estate investment trust funds (REITs).Build a government housing rental transaction service platform.Increase the effective supply of rental housing.Innovate the housing rental management and service system.

26. August 2017 "Pilot Plan for Building Rental Housing Using Collective Construction Land"

Determine the first batch of 13 cities including Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Hefei, Xiamen, Zhengzhou, Wuhan, Guangzhou, Foshan, Zhaoqing, Chengdu to carry out the pilot project of using collective construction land to build rental housing.

27. Report of the Nineteenth National Congress of the Communist Party of China in October 2017
Adhere to the positioning that houses are for living in, not for speculation, and accelerate the establishment of a housing system with multi-subject supply, multi-channel guarantees, and both rental and purchase, so that all people have a place to live.

28. Central Economic Work Conference in December 2017

Accelerate the establishment of a housing system with multi-subject supply, multi-channel guarantee, and simultaneous rental and purchase.It is necessary to develop the housing leasing market, especially long-term leasing, protect the legitimate rights and interests of leasing stakeholders, and support the development of professional and institutionalized housing leasing enterprises.

29. The March 2018 National Two Sessions Government Work Report

Implement the responsibilities of local entities, continue to implement differentiated regulation, establish and improve long-term mechanisms, and promote the stable and healthy development of the real estate market.Support the needs of residents to buy houses for self-occupation, cultivate the housing rental market, and develop shared property housing.

30. "Notice on Promoting the Securitization of Housing Leasing Assets" in April 2018

Clarified the conditions for the development of the housing rental asset securitization business and its priority and key support areas.Establish a green channel for the acceptance, filing, transaction and other procedures of rental housing construction, as well as asset securitization review procedures.

31. "Notice on Matters Concerning Insurance Funds Participating in the Long-term Rental Market" in June 2018

Insurance companies participate in the long-term rental market through direct investment, and insurance asset management institutions participate in the long-term rental market through the establishment of debt investment plans, equity investment plans, asset-backed plans, and insurance private equity funds.It also clarifies the specific conditions that the invested long-term rental housing projects should meet.

32. "Several Opinions on Improving and Promoting the Consumption System and Further Stimulating Residents' Consumption Potential" in September 2018

In terms of housing and transportation consumption, it is necessary to vigorously develop the housing rental market, especially long-term rental; sum up and promote the pilot experience of housing rental, and accelerate the cultivation and development of the rental market in large and medium-sized cities with net population inflows.

33. January 2019 "Implementation Plan for Further Optimizing Supply and Promoting Steady Growth of Consumption and Forming a Strong Domestic Market (1)"

Support large, medium and small cities with net population inflow, high housing prices, and large rental demand to raise public rental housing and market rental housing sources through multiple channels, and use collective land to build rental housing as key support content.

34. The National Two Sessions in March 2019

In 2019, the Ministry of Housing and Urban-Rural Development will implement five specific principles: insist on structural adjustment and transformation, and vigorously cultivate and develop the housing rental market.

35. "Key tasks of new urbanization construction in 2019" in April 4

The permanent population of renting houses is allowed to settle in the urban public household registration.

36. In June 2019, "Notice on Deepening the Reform of "Decentralization, Management and Services" and Doing a Good Job in the Collection of Housing Provident Funds of Central State Organs"

The state-managed provident fund will increase support for rental consumption.

37. September 2020 "Regulations on Housing Leasing (Draft for Comment)"

The regulations include general principles, leasing and leasing, leasing companies, brokerage activities, support measures, services and supervision, legal responsibilities and by-laws, etc.

38、2020年11月《中国中央关于制定国民经济和社会发展No.14个五年规划和2035年远景目标的建议》

Adhere to the positioning that houses are for living in, not for speculation, promote both rental and purchase, and implement policies according to cities to promote the stable and healthy development of the real estate market. …Improve the long-term rental policy and expand the supply of affordable rental housing.

39. February 2021 "Expanding Land for Rental Housing"

The Ministry of Natural Resources clearly stated in the "Two Concentrations" land supply document that in 2021, the annual plan will separately list leased housing land, accounting for no less than 10%.Among them, cities with a fast-growing permanent population and a large gap in rental housing land should further increase the proportion.

40. In May 2021, the National Development and Reform Commission "Expand the Supply of Indemnificatory Rental Housing and Improve the Long-term Rental Housing Policy"

……

Expand the supply of affordable rental housing and improve the long-term rental housing policy.Strengthen the construction of the commercial system in the county area, establish and improve the supply chain system, operation service system and support guarantee system suitable for the online sales of agricultural products, and improve the consumption environment in the county area.

41. In June 2021, the executive meeting of the State Council determined a number of policies to accelerate the development of affordable rental housing, from increasing the supply of affordable rental housing, allowing more types of land and houses to be converted into affordable rental housing, and reducing the tax on housing rental companies Efforts should be made to alleviate the housing difficulties of new citizens, young people and other groups.

The details are as follows:

(1) Implement the main responsibility of the city government, encourage the participation of market forces, strengthen financial support, and increase the supply of small-scale affordable rental housing whose rent is lower than the market level.

(2) Large cities with a net population inflow can use collectively-owned construction land and land owned by enterprises and institutions to build indemnificatory rental housing, allowing idle and inefficiently used commercial office buildings and factories to be converted into indemnificatory rental housing.

（3）从10月1日起，住房租赁企业向个人出租住房适用简易计税方法，按照5%征收率减按1.5%缴纳增值税；对企事业单位等向个人、专业化规模化住房租赁企业出租住房，减按4%税率征收房产税。

42. The 2021 government work report pointed out that to solve the outstanding housing problems in big cities, increase the supply of affordable rental housing and shared property housing through measures such as increasing land supply, arranging special funds, and concentrating construction, and standardize the development of the long-term rental housing market. Reduce the tax burden on rental housing, and do our best to help new citizens and young people ease their housing difficulties.

43. July 2021 "Announcement on Improving Tax Policies Related to Housing Leasing"

From October 10st, housing leasing companies will apply a simple tax calculation method for renting out housing to individuals, and pay value-added tax at a reduced rate of 1% at a rate of 5%. The real estate tax will be reduced and increased at a rate of 1.5%.

44. The "Government Work Report" of the Two Sessions in 2022, the symposium of the National Development and Reform Commission, the symposium on the development of affordable rental housing in 40 cities, etc. There are more and more policies on the housing rental market, which effectively promotes the stable development of the long-term rental housing market , to solve the housing problem in big cities.

The Ministry of Housing and Urban-Rural Development stated that in 2022, we must focus on six aspects of work. Among them, in terms of promoting structural reforms on the housing supply side, we must adhere to both rental and purchase, multi-subject supply, multi-channel guarantees, and optimize the housing supply structure.Vigorously increase the supply of indemnificatory rental housing, focusing on large cities with net population inflows, and build and raise 240 million sets (rooms) of indemnificatory rental housing throughout the year.Improve the urban housing security system, and guide all localities to reasonably determine the housing security system arrangements in their regions.Accelerate the development of the long-term rental housing market.Improve the housing provident fund deposit, use, management and operation mechanism.

In the current housing rental system, it is divided into two components: institutionalized long-term rental housing and affordable housing to meet different types of rental housing needs.From the government work report to the proposals of the two sessions, the formulation of long-term rental housing has changed from "standardized development" last year to "accelerated development" this year, which means that long-term rental housing has become an important way to alleviate the housing problems of new citizens and young people in big cities. During this period, it is necessary to further increase the proportion of institutionalized long-term rental housing.

(End of this chapter)