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Property Market Should Adjust To Population Changes - Official


China’s property sector demand should adjust to reflect changes in population, according to Dong Jianguo, deputy minister at the Ministry of Housing. Speaking at the China Economic Annual Conference, Dong said authorities will address real estate risks by continuing to meet the reasonable financing needs of real-estate enterprises without ownership discrimination to help with short-term cash flow issues. Lin Zechang, director at the Ministry of Finance stated officials needed to improve the quality and efficiency of next year's fiscal efforts to achieve the nation's targets. (Source: Yicai)

MNI Beijing Bureau |
MNI Beijing Bureau |

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