20, led by the National Federation of Real Estate Chamber of Commerce, the first domestic public funds to set up a rental program, has been officially submitted to the National Development and Reform Commission for approval, and send a copy to the Department of Urban and housing construction. Meanwhile, the Country Garden Group and Sichuan New Hope Group has become a sponsor of the fund. November 16, public rental funds in preparation for the first meeting, fund programs have been developed, and established the Huayuan, Forte and other nine real estate companies and financial institutions as co-sponsors. One of the sponsors of the fund told the NetEase Finance CCB elite, December 20, the National Federation once again hold the "rent fund, the National Federation of the public briefing" program funds to set up a formal letter submitted to the National Development and Reform Commission for approval . Under the program, the public rental stock company system to be taken by the Fund set up in the next 3 years time, all over the country projects under the limited liability company, invested about 10 million square meters of public rental, fund investment after 7 years out. Up to now, the fund has increased to 11 sponsors, including the Shanghai Construction Bank Glitter, Huayuan Real Estate, Road King Estate, Forte Group, China Resources Land, Country Garden Group, Sichuan New Hope Group, Shenzhen Fortis room Real Estate Group, Real Estate Development Co., Ltd. Wenzhou Kyoto, Jing Rui (China) Real Estate Research Institute, Beijing Glitter Green Carbon Investment Ltd, the promoters will subscribe funds total more than 20% of total share and participate in the development and construction of public rental.