Government and Policy
China to boost low-income housing building
(Xinhua)
Updated: 2010-04-14 00:07
 |
Large Medium Small |
BEIJING: China's housing authorities on Monday urged local governments to put more efforts into the building of low-income housing.
The ministry urged governments at all levels to strictly implement preferential policies in land provision, funding, tax reduction and credit support for low-income housing projects, to ensure the realization of the annual construction goals.
MOHURD also called for efforts to curb the precipitous rise of housing prices in some cities by increasing the supply of small and medium-sized houses and to rein in the speculation on rising house prices.
