Home prices in Hebei are put on the fast track

Housing prices could double or even triple in some areas of Hebei province once the capital's subway system reaches the vicinity.

The expansion of the Beijing subway into Hebei is on the agenda of the 12th Five-Year Plan (2011-15), Zhang Gong, director of the Beijing municipal commission of development and reform, said on Sunday.

"To generate domestic demand, and build Beijing as 'a one-hour metropolis', subways in Beijing will be extended to Hebei province," the Beijing News on Monday reported Zhang as saying.