On December 14th, at the 2024-2025 China Economic Annual Conference held by the China International Economic Exchange Center today, Zhao Chenxin, deputy director of the National Development and Reform Commission, said that it is necessary to stabilize the real estate market and stock market, deepen the comprehensive reform of investment and financing in capital markets, and open up the blocking point for medium and long-term funds to enter the market. Zhao Chenxin said that it is necessary to continue to push the real estate market to stop falling and stabilize, strengthen the implementation of urban villages and dilapidated houses, fully release the potential demand for rigid and improved housing, and rationally control the supply of new real estate land. Revitalize the stock of land and commercial housing, promote the disposal of the stock of commercial housing, promote the construction of a new model of real estate development, and build relevant basic systems in an orderly manner. Deepen the comprehensive reform of investment and financing in capital markets, open up the blocking points for medium and long-term funds to enter the market, and enhance the inclusiveness and adaptability of the capital markets system.