Ministers meet the media (IV Part 2): Highlights
: Highlights&pic=http://img2.chinadaily.com.cn/images/201903/12/5c87693fa3106c65fffeea30.jpeg&url=http://www.xinmeiw.com/a/201903/12/WS5c872b70a3106c65c34ee294.html)
China to maintain consistent housing policies
China will continue policies to stabilize housing and land prices and market expectations, said Wang Menghui, minister of Housing and Urban-Rural Development Tuesday.
"Local authorities need to improve market mechanisms, and apply appropriate policies and regulations in accordance with their own situations, to stabilize market expectation, the price of land and housing, and prevent sudden price increases or slumps," said Wang.
He said that the property market has seen a slow-down in the trade volume of houses, gradually stabilizing house prices, and increasingly rational market expectations.
He said the ministry will encourage the rental market and maintain consistency in housing policies and regulations.
- Creative fireworks show held in China's 'fireworks capital'
- Chinese scientists achieve net-negative greenhouse gas emissions via electrified catalysis
- At the gateway to China's resistance, memories of war echo 88 years on
- Mainland scholar outlines 10 fallacies in Lai's separatist narrative
- China's first ocean-level smart scientific research vessel delivered in Shanghai
- World's first somatic cell-cloned dzo born in Xizang
