Quotes of the day

"We expect further supportive real estate policies to be launched by local governments. Some provinces, including Anhui and Gansu, have already released a series of measures to stimulate the local property markets, which have lowered the cost of buying houses and improved the cities' attractiveness to rural residents and migrant workers."

Li Yujia, a researcher at Shenzhen Property Research Center

"Information on China's housing provident fund will become more transparent. But if the fund is only regarded as a prop to stimulate the property market, its role will be diminished and it will be viewed as unfair. "