Business

Top 10 predictions of Chinese economy in 2018

chinadaily.com.cn

Updated: 2018-01-18 06:36

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No 7 Policies regulating the real estate market to maintain consistency

A salesperson presents a housing project at a real property exhibition in Beijing. [Photo provided to China Daily]

The strict four-dimensional control over housing purchases, loans, prices and sales will be continued in 2018.

The restriction of new home purchases will be a normalized tool to curb speculation, and the sale areas for commercial residences are expected to go down 5 to 10 percent year-on-year.

Encouraging more people to rent rather than buy homes will be a top priority of supply-side reform in the real estate industry.

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