Global EditionASIA 中文双语Français
Business
Home / Business / Macro

Hainan to maintain tight restrictions on property purchases: official

Xinhua | Updated: 2020-01-19 15:56
Share
Share - WeChat
A view of Sanya bay in Hainan province, Jan 31, 2019. [Photo/Xinhua]

HAIKOU - Authorities in Hainan will maintain tight restrictions on property purchasing within the entire territory of the southern island province, an official said.

Rumors have swirled around that the province will lift property purchase restrictions in 2020.

The restrictions will remain tough, and the policy will still be in place, said Huo Juran, head of the provincial department of housing and urban-rural development.

Hainan will stick to the principle that housing is for living in, not for speculation, Huo said.

"We will keep policy continuity and stability," Huo said.

Hainan will continue to stabilize housing prices and try to solve housing problems for locals and non-locals.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE