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2 cities in bid to cool real estate market

By Qiu Quanlin in Guangzhou | China Daily | Updated: 2013-04-01 07:47

Houses for sale are advertised at a real estate agency in Beijing. The municipal government announced detailed rules on Saturday aimed at cooling the property market. Luo Xiaoguang / Xinhua

2 cities in bid to cool real estate market

Authorities in Guangzhou and Shenzhen, two large cities in Guangdong province, announced detailed regulations on Sunday to further cool the real estate market amid expectations of rising property prices this year.

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