[Ministry of Housing and Urban-Rural Development: The project company system will be implemented in real estate development to solve the problem of "who is the independent project implementation entity?"] On September 18, Zhang Xuetao, director of the Real Estate Market Supervision Department of the Ministry of Housing and Urban-Rural Development, said at a press conference of the State Council Information Office that they will make every effort to promote the implementation of three basic systems for real estate. These three basic systems are all targeted at projects. In real estate development, the main thing is to implement the project company system, mainly to solve the problem of "who is the independent implementation subject of the project". A real estate project corresponds to a project company, and the project company exercises the rights of an independent legal person in accordance with the law. It is strictly prohibited for corporate headquarters to illegally divert funds from the project company.