China has urged for continued efforts to consolidate the recovery trend of the country's property market.

At a symposium with property developers recently, Minister of Housing and Urban-Rural Development Ni Hong emphasized the significance of meeting residents' essential housing demands and their needs for better living conditions.

Ni called for the full implementation of favorable measures, including lower down-payment ratios and mortgage rates for first-time home buyers, and promised efforts to ensure the delivery of presold homes.

The ministry also urged companies in the construction and real estate sector to actively participate in affordable housing projects, the renovation of villages in cities, and public facility construction.

Stabilizing the construction and property sectors is a significant task to promote a broader economic recovery, the ministry said.

(Xinhua with edits)