On March 5th, the second session of the 14th National People's Congress opened. In the government work report that has received much attention, there is a lot of content related to the real estate field, which is full of new ideas. Most of the statements about real estate this time are within the framework of "better coordinating development and safety, effectively preventing and resolving risks in key areas". Industry analysis suggests that compared to the statement of "effectively preventing and resolving major economic and financial risks" in 2023, it means that new requirements have been put forward for the development and safety of real estate work. The government report proposes a "sound long-term mechanism for risk prevention and control". Yan Yuejin, Research Director of E-House Research Institute, stated that regarding real estate, there have been previous mentions of long-term mechanisms for development and management, which is the third long-term mechanism. This also means that there may be some institutional breakthroughs and innovations in preventing and resolving real estate risks this year. Li Yujia, Chief Researcher of the Housing Policy Research Center of Guangdong Provincial Urban Planning Institute, further stated that this means that currently stabilizing the real estate industry and controlling industry risks cannot rely solely on financing support and demand side encouragement, but must rely on long-term mechanisms. And this long-term mechanism is a new model for the industry. The government work report points out that in order to adapt to the trend of new urbanization and changes in the supply and demand relationship of the real estate market, we should accelerate the construction of a new model for real estate development. In addition, this year's government work report also proposed in the "Stable and orderly disposal of risks and hidden dangers" section, to "optimize real estate policies, provide equal support to the reasonable financing needs of real estate enterprises of different ownership, and promote the stable and healthy development of the real estate market.". The adaptation of higher quality new urbanization to the development trend of new urbanization is also an important mention of real estate in this government work report. Yan Yuejin believes that, in line with the statement "there is still a lot of room for development and improvement in China's urbanization", it can be clarified that the overall logic of urbanization supporting real estate development has not changed, and it also helps us to enhance our confidence in real estate development this year. "The concept of new urbanization in the past was mainly based on the scale and prospects of real estate development. However, this innovation has established the concept of 'new urbanization - new model of real estate development', which means that new urbanization is still the key point we need to pay attention to when understanding the development of real estate and new models." Yan Yuejin said. Regarding the new type of urbanization, Li Yujia believes that in addition to continuing to mention "accelerating the urbanization of agricultural transfer population and making county towns an important carrier of new urbanization," more attention is also paid to improving the quality of urbanization for those who have already entered cities. This includes promoting the construction of public infrastructure for both emergency and urban areas, renovating urban villages, installing elevators in old residential areas, and constructing aging friendly facilities. "The emphasis is on utilizing existing resources and making structural improvements to existing ones, which also means the end of the era of large-scale urbanization promoting new construction and entering a new era of stock revitalization and utilization. It is necessary to carry out refined repairs and community governance according to people's needs." Li Yujia said. Yan Yuejin noticed that the current government work report is still being accumulated