This means that the Hainan provincial government has launched a severe blow to the real estate market, and may maintain a high-pressure situation for developers and intermediary companies in the future. It is reported that this time, the Housing and Construction Department of Hainan Province announced the punishment results of relevant illegal intermediaries. The announcement pointed out that some real estate agents evaded the house price control policy by bundling sales and over-selling, and some intermediaries helped customers defraud the qualification of buying houses, and did not make timely changes in procedures. For similar situations, the Housing and Construction Department of Hainan Province decided to cancel the filing qualifications of many intermediaries and developers involved in similar incidents, suspend their online signing qualifications, and at the same time interview some large real estate developers to increase the warning to the real estate market.

At the recent economic conference in Hainan Province, the relevant personnel expenditure, since 20 17, the Hainan provincial government has made great decisions to get rid of the dependence of the local economy on the real estate industry, and finally achieved good results. Its economic growth rate in 2020 exceeded the national average growth level for the first time, which also means that the real estate regulation and control policies in recent years have achieved staged victories. The Governor of Hainan said that the proportion of investment in real estate development in Hainan dropped to 39% in the first 1 1 month of last year, which was the lowest in recent years. At the same time, the tax related to the real estate industry also dropped to about 35% of the local fiscal revenue. Moreover, with the development of the free trade zone in Hainan, related new industries began to flourish, and the future tourism industry may usher in further growth.

Earlier, Hainan's economy was highly dependent on the real estate industry, especially in its investment field. Real estate investment accounted for the majority, and related taxes also accounted for a large share of the government's fiscal and taxation, which led to the continuous binding of Hainan's economy with the real estate industry and the skyrocketing housing prices.

Nowadays, in recent years, under the policy of staying in the house and not speculating, Hainan has also made several rounds of regulation and control on the real estate market within its jurisdiction, which finally ensured its stable development and also gave birth to other new opportunities.