Policy stability seen for estate market
By Hu Yuanyuan | China Daily | Updated: 2012-02-27 08:04
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Potential homebuyers at a real estate exhibition in Suzhou, Jiangsu province, on Sunday. Analysts said that the nation's policies are unlikely to change in the short term and the government still aims to bring home prices down to a reasonable level. Wang Jiankang / for China Daily |
BEIJING - China is not likely to loosen its rigorous real estate policies in the short term but may give the market a bigger role in setting prices in the long run, industry analysts said ahead of the opening of the two major political sessions.
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