The city of Beijing announced Wednesday it....>

CHINA: The city of Beijing announced Wednesday it would prohibit construction of

stand-alone residential villas, according to a statement on the website of the

city's economic planning agency.

-The eastern and western districts of the Chinese capital will stop construction

of new residential property projects and large property projects such as hotels

and office buildings, the statement said. 

- The measures are aimed at enhancing high-quality development and moving away

from "non-capital functions" for Beijing, the statement said. 

***COMMENTS: Beijing property regulation tends to indicate the trend for rules

around the country, so similar measures could be seen in other cities,

especially developed ones.