Recently, influenced by the continuous release of various favorable policies for real estate, the land market in some cities has become active, and multiple cities have increased their land supply efforts. In Shanghai, Chengdu, Guangzhou, Hangzhou and other places, the transfer of land frequently attracts the participation of private real estate enterprises. In September, a package of real estate policies were introduced one after another, and private real estate enterprises returned to acquire land in various regions. Two commercial and residential plots were sold in Nanning, Guangxi, and the bidders were both local private real estate companies. Entering October, the enthusiasm of private real estate enterprises to acquire land has become more apparent. In a land auction in Xi'an, five plots of land were all acquired by private enterprises. In Xuzhou, the situation of private enterprises' "zero land acquisition" in the Xuzhou land market in the first three quarters of this year was broken at the end of September. Niu Sanyuan, Deputy Director of the Real Estate Research Office at the Market Economy Research Institute of the Development Research Center of the State Council: Private enterprises' land acquisition is an important manifestation of the stabilization and recovery of the real estate market. Under the comprehensive effect of a series of policy combinations at the central and local levels, with the marginal improvement of overall market sales, the confidence of private real estate enterprises has been greatly boosted. The accelerated implementation of policies such as supporting project financing has also enhanced their ability to participate in the land market. Entering November, the land auction markets in Beijing, Hangzhou, Chengdu and other places have seen a series of high premium transactions for land parcels. In Beijing, three residential land parcels were sold on November 5th, with a total transaction amount of 12.7535 trillion yuan. On November 20th, three residential land parcels were sold in Hangzhou at a premium. At the end of October, Fengtai District in Beijing launched a piece of land for shantytown renovation. This land auction no longer sets a land price ceiling and sales guidance price, nor does it set a sales guidance price for future commercial housing. This is also the first time in nearly three years that the Beijing land auction market has seen an "unlimited price" land parcel. In Shenzhen, a land transfer announcement was released in early November, similar to Beijing, where the certificate is issued upon delivery, with no restrictions on the selling price or layout, and the highest price is awarded. Several hot cities such as Shanghai, Wuhan, Qingdao, and Changsha have recently increased their land supply. Some places have optimized the land transfer process and conditions, lowered the threshold for land purchase, relaxed pre-sale conditions, and focused on boosting confidence in the land market. At the same time, many places also closely combine low-density residential land with the construction of good houses. While releasing low plot ratio land into the land market, they actively introduce policies to encourage developers to build low-density, high greening rate, energy-saving and smart housing. Niu Sanyuan, Deputy Director of the Real Estate Research Office at the Market Economy Research Institute of the Development Research Center of the State Council: With the continuous effectiveness of policies, the continuous improvement of the supply-demand relationship in the real estate market, and the improvement of the financing environment for real estate enterprises, it is expected that the land market will further improve in the fourth quarter. (New Society)