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China's local governments should........>

CHINA PRESS
CHINA PRESS: China's local governments should persist with real estate
regulation and tailor policy measures to each city to stabilize land and housing
prices and expectations, China Securities Journal reported, citing an
unidentified official at the Ministry of Housing and Urban-Rural Development. 
- Local governments should adjust the structure of land and housing supply and
implement differentiated credit and tax policies for home buyers, the official
said, according to the newspaper;
- Local governments should support reasonable housing consumption, while curbing
speculative purchases to direct and manage property price expectations, the
official said, according to the newspaper.

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