According to data from the National Bureau of Statistics released on June 13, property sales dropped 8.5 percent in the first five months of the year compared to the same period last year.
With the property market cooling down, developers have rolled out newfangled promotions to attract people's attention in cities across China.
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Two salesmen wear a graduation gown and mortarboard to promote properties priced at 3,398 yuan per square meter at the Summer Property Expo in Huai’an, Jiangsu province, May 31, 2014. [Photo/IC] |
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