Legal analysis: 1. Strengthen installment sales management. 2. Improve the purchase restriction policy for commercial housing. 3. Expand the scope of implementation of restrictions on the transfer of commercial housing. 4. Strengthen financial supervision and management.

Legal basis: "Notice on Matters Concerning Further Promoting the Stable and Healthy Development of the Real Estate Market"

Article 1 Strengthen installment sales management. Within the city, for projects that apply for pre-(current) sales licenses (recordings) of commercial housing (including projects that have been pre-sold and pre-sold in the previous period and projects that have been pre-sold and pre-sold for the first time), the sales area of ??each batch must be no less than 30,000 square meters. Houses for sale must be declared for units, and the remaining houses in the final period must be declared at one time; if the total construction area is less than 30,000 square meters, a one-time declaration must be made.

Article 2: Improve the purchase restriction policy for commercial housing. The sale of housing (including newly built commercial housing and second-hand housing) to non-city registered residents who own one or more houses within the city is suspended, except for top and high-end talents.

Article 3: Expand the scope of implementation of transfer restrictions on commercial housing. From the date of implementation of this notice, the scope of implementation of restrictions on the transfer of commercial housing will be expanded from the urban area of ??Jiaxing to the entire city. The transfer restriction period is 2 years from the date of purchase. The purchase time is subject to the online signing time of the transaction contract. The urban area will continue to implement the relevant control policies on May 20, 2017, and all counties (cities) will implement them from the date of implementation of this notice.

Article 4 Strengthen financial supervision and management. Establish a review system for the source of land purchase funds, strictly implement the regulations on the use of own funds for land purchase, and bidders shall explain the source of land purchase funds and make commitments. Strictly review the sources of funds for home purchases, monitor the whereabouts of consumer loans and personal operating loans, and strictly prevent residents from misappropriating consumer loans and other loans for home purchases.