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          Beijing to restrict construction in 2005
                      (Xinhua)
           Updated: 2005-01-08 14:23
           The municipal government of Beijing will restrain 
the structure and scale of real estate development in the city in 2005, 
according to a senior municipal official. 

          "It's necessary to restrict those areas which have blind and excessive 
construction," said Ding Xiangyang, director of the Beijing Municipal Commission 
of Development and Reform, on Thursday. 

          The municipal government will impose strict limitations on the construction 
of office buildings, apartments, hotels and big shopping malls inside the Third 
Ring Road, Ding said. 

          The government will also control land supply and increase commercial housings 
of middling quality to maintain a steady real estate market, Ding added. 

          

          
 
          
 
          
 
          
 
           
  
 
 
 
          
 
          
           		
  
  
 
          
 
           
  
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