Professionals turned off by property prices

Guangzhou government urged to curb rising housing costs

GUANGZHOU: Concern about skyrocketing housing costs is set to dominate the session of the Guangdong Provincial Committee of the Chinese People's Political Consultative Conference (CPPCC), which opens today, as members urge the provincial capital's government to take concrete measures to bring down prices in the new year.

Wang Lizong, a member, said rising residential property costs in Guangzhou are forcing high-quality professional talent, both domestic and foreign, to stay away from the city.