(Dingmao winter months 26), January 15, 1988, the first national housing system reform meeting identified housing reform ideas. Reference January 1988, the first national housing reform work conference held in Beijing, the end of the 18th.

secretary general of the State Council Chen Junsheng announced: Beginning this year, the reform of the housing system officially included in the reform of central and local programs in the country in batches commence. Approach to reform of the housing system is the commodification of housing. The basic idea is to raise the rent, wage increases, and encouraging employees to buy a house.