Subsidies to replace government housing

China's housing minister said on Monday that governments will stop building rental housing units to accommodate migrant workers and people displaced by demolitions or renovations of urban residences or shantytowns.

Instead, subsidies will be ramped up for those in need of rental housing, and people will be encouraged to find their own accommodations from private owners.

Minister of Housing and Urban-Rural Development Chen Zhenggao raised the issue at the ministry's annual work conference, saying it's part of the country's agenda for boosting the rental housing market.