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Affordable Housing Not For Listed Trading - He Lifeng

CHINA PRESS

China will ensure strict management and cost control of affordable housing and will not permit listed trading of such property, according to He Lifeng, a member of the Political Bureau of the CPC Central Committee and vice premier at the State Council. Speaking at a housing conference, He said affordable housing construction was a major project for the country and important for common prosperity. Policymakers would use affordable housing to alleviate market conflicts in big cities and effectively promote real estate in an orderly and effective manner. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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