Ministers meet the media (IV Part 2): Highlights
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China to maintain consistent housing policies
China will continue policies to stabilize housing and land prices and market expectations, said Wang Menghui, minister of Housing and Urban-Rural Development Tuesday.
"Local authorities need to improve market mechanisms, and apply appropriate policies and regulations in accordance with their own situations, to stabilize market expectation, the price of land and housing, and prevent sudden price increases or slumps," said Wang.
He said that the property market has seen a slow-down in the trade volume of houses, gradually stabilizing house prices, and increasingly rational market expectations.
He said the ministry will encourage the rental market and maintain consistency in housing policies and regulations.
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- Xi, Central Asian leaders witness inauguration of China-Central Asia cooperation centers, platform
- Xi, Central Asian leaders sign treaty of permanent good-neighborliness and friendly cooperation
- Discover China Program kicks off at BFSU
- Ministry launches job recruitment program in Qingdao
- Xi says China to set up new centers for cooperation with Central Asia
