This Day, That Year

Item from Aug 18, 1988 in China Daily: Houses for sale ... Workers at the Ya Guang Electrical Engineering Factory in Chengdu, Sichuan province, look at notices on houses for sale ...

The State Council intends to speed up ongoing housing reform in China, Lin Hanxiong, minister of construction, said ... For decades, housing in urban areas has been provided by work units at low rent ... the State Council will map out a flexible price policy to ensure that all people, whatever their income level, will be able to purchase their own houses.

China rolled out housing reform more than three decades ago, gradually ending a policy that linked the distribution of homes with employment.