China highlights housing system encouraging both purchase, renting in 2018

Xinhua | Updated: 2017-12-20 20:50

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Prospective tenants visit the public rental housing at the Xinyue apartments in Shanghai, on May 15, 2013. [Photo/Xinhua]

BEIJING - China will move faster to put in place a housing system that ensures supply through multiple sources, provides housing support through multiple channels, and encourages both housing purchase and renting in 2018, said a statement issued Wednesday after the annual Central Economic Work Conference.

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