China Daily (Hong Kong) - - POLICY REVIEW -

China’s in­vest­ment in 2016 in build­ing 6.06 mil­lion new homes in its shanty town ren­o­va­tion pro­gram

These is­sues have led to the sce­nario that some af­ford­able hous­ing projects that have started con­struc­tion a year ago are still not avail­able for res­i­dents that need them.

The au­dit­ing au­thor­i­ties will push for ac­cel­er­ated con­struc­tion of key af­ford­able hous­ing projects, mak­ing them avail­able to res­i­dents in need.

A to­tal of 53.23 bil­lion yuan ($7.85 bil­lion) of spe­cial funds for build­ing sub­si­dized hous­ing projects were found to have not been put in place one year after the money was ear­marked by cen­tral fi­nance, au­dit re­sults show. It calls for more sci­en­tific fund man­age­ment for af­ford­able hous­ing funds, the au­dit of­fice said. In­con­sis­tence of re­leas­ing funds and con­struc­tion of hous­ing projects is also part of the rea­son for such de­lays in ear­mark­ing funds.

More tai­lored im­prove­ments are needed for more proper de­sign and man­age­ment of af­ford­able hous­ing projects; for ex­am­ple, govern­ment-pur­chased ser­vices in shanty town ren­o­va­tion pro­grams also need to meet with fi­nan­cial bud­gets at lo­cal-govern­ment level.

The govern­ment in­vested 1.48 tril­lion yuan in 2016 to build 6.06 mil­lion new homes for shanty re­de­vel­op­ment, ac­cord­ing to the Min­istry of Hous­ing and Ur­banRu­ral Development.

Ban­ning of fake med­i­cal ads

The phe­nom­e­non of TV com­mer­cials for medicine us­ing ac­tors as doc­tors and med­i­cal pro­fes­sion­als rec­om­mend­ing certain types of medicine have led to pub­lic anger as many peo­ple said they have been de­ceived. The State Ad­min­is­tra­tion for In­dus­try and Com­merce (SAIC) has fi­nally be­gun to com­bat the scan­dals.

The SAIC has re­cently set up a spe­cial in­ves­ti­ga­tion group by work­ing jointly with the State Ad­min­is­tra­tion of Press, Pub­li­ca­tion, Ra­dio, Film and Tele­vi­sion, the State Ad­min­is­tra­tion of Tra­di­tional Chi­nese Medicine, as well as the Min­istry of Pub­lic Se­cu­rity to give grounded re­search to fake medicine ad cases across the coun­try. Each depart­ment will probe cases within their law­ful man­date. Cur­rently, in­ves­ti­ga­tions by the SAIC as well as mar­ket reg­u­la­tion au­thor­i­ties are un­der­way, and in­ves­ti­ga­tion re­sults will be in­formed to the pub­lic timely to re­spond to pub­lic con­cerns.

Ac­tors pre­tend­ing to be med­i­cal pro­fes­sion­als in TV com­mer­cials have been a prob­lem for many years, and re­ported by var­i­ous me­dia out­lets. Some of the ac­tors pre­tend­ing to be med­i­cal pro­fes­sional have used more than 10 dif­fer­ent ti­tles.

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