Real estate support to stay
By Jiang Jianguo and Zhang Dingmin | China Daily | Updated: 2010-06-05 07:13
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A migrant worker looks at a housing development under construction in Beijing. Property prices in 70 Chinese cities rose by a record 12.8 percent in April from a year earlier after climbing by 11.7 percent in March and 10.7 percent in February. Jin Guo / for China Daily |
SHANGHAI - It's not yet time for China to reduce or stop policy support for the nation's real estate industry, said Li Fuan, an official with the China Banking Regulatory Commission.
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