|
BIZCHINA> Photos
![]() |
|
China's urban property prices rose 5.3% in February
(China Daily)
Updated: 2007-03-21 10:14
Official statistics show that the average price of new houses in 70 major Chinese cities rose 5.9 percent annually as of last month. Though the price increase was 0.2 of percentage point lower than that of January, it does not amount to good news for low-income would-be buyers, especially those in large cities. Beijing, Shenzhen and Guangzhou all witnessed near double-digit growth in housing prices in February. Meanwhile, Shanghai saw a tentative rebound in housing prices, which had been falling for months. Given the importance of the real estate industry in boosting economic growth and improving people's housing conditions, the government should certainly try every means to promote the industry's sustained and sound growth while getting the overheated market under control. The public's growing pain caused by rising housing prices also demands close attention and prompt response from the government. When addressing the National People's Congress this month, Premier Wen Jiabao said that the government will pay particular attention to addressing the housing problems of low-income families. (For more biz stories, please visit Industries)
|
伊春市| 长垣县| 邹平县| 会东县| 仁怀市| 富顺县| 常德市| 开封县| 依安县| 尚志市| 香港| 乐平市| 安福县| 灯塔市| 镇宁| 永靖县| 湘潭县| 兰溪市| 嘉义市| 耒阳市| 望奎县| 子长县| 荣成市| 泊头市| 兴宁市| 呼伦贝尔市| 凌源市| 永德县| 诸暨市| 称多县| 凤台县| 广南县| 农安县| 福泉市| 永吉县| 茂名市| 页游| 光山县| 秦安县| 宁国市| 柳江县|