IN BRIEF (Page 14)

Map out realty exit, SOEs told

China's State-assets watchdog on Monday told major State-owned enterprises (SOEs) whose core business is not real estate to map out a detailed plan within 15 days on quitting the market, showing the central government's determination to curb soaring property prices.

Except for 16 SOEs which are purely real estate developers, 78 enterprises under the direct supervision of the State Assets Supervision and Administration Commission (SASAC) will speed up restructuring and pull out of the property sector.