On September 18, Zhang Xuetao, director of the Real Estate Market Supervision Department of the Ministry of Housing and Urban-Rural Development, said at the press conference of the State Information Office that every effort will be made to promote the implementation of the three basic real estate systems. All three basic systems target projects. In real estate development, the main thing is to implement a project company system, mainly to solve the problem of “who is the independent implementer of the project”. A real estate project corresponds to a project company. The project company exercises the rights of an independent legal entity in accordance with law, and it is strictly prohibited for the enterprise headquarters to remove the project company's funds in violation of regulations.

On September 18, Zhang Xuetao, director of the Real Estate Market Supervision Department of the Ministry of Housing and Urban-Rural Development, said at the press conference of the State Information Office that every effort will be made to promote the implementation of the three basic real estate systems. All three basic systems target projects. In real estate development, the main thing is to implement a project company system, mainly to solve the problem of “who is the independent implementer of the project”. A real estate project corresponds to a project company. The project company exercises the rights of an independent legal entity in accordance with law, and it is strictly prohibited for the enterprise headquarters to remove the project company's funds in violation of regulations.