Hubei issued 28 measures to promote the stable and healthy development of the construction industry and the real estate market.

On April 20th, the General Office of Hubei Provincial People's Government issued the Notice on Several Measures to Promote the Stable and Healthy Development of Construction Industry and Real Estate Market.

According to the new media query of Viewpoint Real Estate, the Notice proposes reasonable adjustment of the real estate market supervision measures, including adjusting the image progress requirements of pre-sale permit projects, adjusting the proportion of pre-sale supervision funds and disbursement nodes, and adjusting the proportion of land bidding deposits.

At the same time, effectively reduce the cost and burden for enterprises, including paying land transfer fees by stages, delaying the payment of urban infrastructure supporting fees, delaying the declaration and payment of taxes, giving tax relief support, and implementing phased support policies for housing provident fund.

In addition, it is necessary to increase financial support, including expanding financial support policies, increasing the government's efforts to purchase services, supporting enterprises' reasonable financing needs, and improving differentiated personal housing loan services.

The notice said that enterprises will be supported to speed up the resumption of work and production, including ensuring land supply, improving the efficiency of examination and approval services, and allowing planning examination and approval procedures. In addition, strengthen safety management, improve the performance supervision mode, and strengthen the safety management of enterprises returning to work and production.

In the construction industry, the circular also put forward measures such as strengthening employment security, increasing financial and credit support, improving the payment system of project funds, implementing the fund substitution mechanism, reasonably sharing the epidemic losses, ensuring the supply of materials, reasonably determining the construction period, increasing the support for project bidding, supporting personnel training and scientific and technological innovation, optimizing the business environment, and strengthening quality and safety management.