Checking illegal activities to keep healthy order of property market

THE MINISTRY OF HOUSING AND URBAN-RURAL DEVELOPMENT recently introduced new measures to better strike against nine illegal business activities of real estate developers. The move is welcome as illegal activities such as falsifying information about their development programs harm others, says a commentary article on xinhuanet.com:

In the last few months, property prices have risen sharply in several second-tier cities, such as Nanjing in East China's Jiangsu province and Zhengzhou in Central China's Henan province. The municipal governments have already taken measures such as tighter control on loans to cool the real estate markets in these cities.

Yet the ministry has highlighted a real problem in unambiguously saying that those spreading false information should be punished.