Global EditionASIA 中文双语Français
Home / Business / Companies

Tencent partners with Shenzhen for rental platform

By Zhou Mo in Shenzhen | | Updated: 2017-12-19 15:34
Share - WeChat
Tencent's stand at the 13th China Hi-tech Fair in Shenzhen, South China's Guangdong province, on Nov 16, 2011. [Photo/VCG]

Chinese tech giant Tencent Holdings Ltd and Shenzhen's housing authorities have launched an online housing rental platform Monday to promote healthy development of the city's housing rental market.

The online platform will provide comprehensive services for home-seekers and suppliers by integrating Tencent's technologies, including cloud computing, artificial intelligence, big data, credit ranking and digital payment.

For example, rent-related public services, such as school enrollment, provident fund withdrawal and financial insurance services will be offered by Tencent Cloud, Tencent's cloud computing arm, to help residents live more conveniently.

Tenants with credit ratings of 650 or higher will also be able to rent a home without paying deposits.

"As one of the country's first group of pilot cities for housing rental, Shenzhen has the largest-scale and most active housing rental market nationwide," said Zhang Xuefan, head of the Shenzhen Housing and Construction Bureau.

"Establishment of such a platform carries significant meaning, as it will help protect the legitimate rights and interests of both supply and demand sides — especially tenants - and further promote regulated development of the market."

Shenzhen's housing rental market has long been considered disorderly, with untrue housing information, frequent breaches of contract, information leakage and other irregularities.

The launch of the platform is expected to help regulate the market and create a healthy environment for its growth.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349