Government and Policy

Property regulation not affect economy much

(Xinhua)
Updated: 2010-09-15 14:08

TIANJIN -- China's tightening measures on the property market will not throw a major impact on the country's economic growth, Ma Jiantang, director of China' Bureau of Statistics, said Wednesday at the ongoing fourth Summer Davos forum in Tianjin.

Xia Bin, a member of the monetary policy committee of the People's Bank of China, the central bank, said at the same panel discussion that it may take two to three years for China to finish the property regulation.