On this day, 37 years ago, on February 25, 1988 (January 9, 1988, the reform of the national housing system began to be pushed forward. On February 25, 1988, the State Council issued the "Implementation Plan on Implementing the Reform of the Housing System in Phases and Batches in Cities and Towns across the Country", and decided to use three to five years starting from 1988 to implement the reform of the housing system in stages and batches across the country.