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Local governments should make efforts...>

CHINA PRESS
CHINA PRESS: Local governments should make efforts to prevent the fluctuation of
home prices and crack down on housing speculators, according to a commentary in
the People's Daily on Friday. The article said that by refining sales
restrictions as part of relaxing the "hukou" household registration system,
China aims to move rural residents to cities by offering them urban "hukous".
These measure were designed to boost the economy, although some were concerned
they would concentrate the population and push up housing prices, the newspaper
said.

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