USEUROPEAFRICAASIA 中文双语Français
Home / China

Housing subsidies may be on the way in smaller cities

By Zheng Yangpeng | China Daily | Updated: 2015-12-14 08:06

China may step up efforts to slash its mounting housing inventory, with farmers and migrant workers being the biggest beneficiaries.

Citing anonymous sources, Economic Information Daily reported that the Ministry of Housing and Urban-Rural Development is formulating a plan to support farmers and migrant workers in the purchase of homes in China's third- and fourth-tier cities, which have been plagued by a rising stockpile of unsold homes.

The newspaper is affiliated with Xinhua News Agency.

Housing subsidies may be on the way in smaller cities

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US