Ministry backs property moves
By Guan Xiaofeng | China Daily | Updated: 2008-10-20 07:37

The central government endorses local governments' measures to revitalize property markets, a senior official said on Saturday.
"Local governments should be allowed certain freedom in formulating real estate policies," Qiu Baoxing, vice-minister of housing and urban-rural planning, said at the China Mayors Forum in Shenzhen, Guangdong province.
"I believe each city government is capable of adopting sensible measures suited to local conditions."
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