China steps up affordable housing construction
Updated: 2012-08-11 10:26
(Xinhua)
|
|||||||||||
BEIJING -- China started building 5.8 million low-income housing units in the first seven months of this year, the Ministry of Housing and Urban-Rural Development said Friday.
Construction on 3.6 million affordable homes has been basically completed in the period, the ministry said in a brief statement on its website.
The government vowed to start construction on more than 7 million low-income housing units this year, part of its five-year plan to build 36 million such units by 2015.
The government has stepped up its efforts in the construction of affordable housing in recent years, aiming to cool the country's runaway property prices.
In June, 25 out of a statistical pool of 70 major cities recorded higher new home prices than in the previous month, while 21 cities saw drops in new home prices, according to official data.
Related Stories
China allocates 20k hectares for low-income housing 2012-08-08 09:33
Policy flaws make low-income housing unpopular 2012-08-04 10:38
China injects $80b into affordable housing 2012-07-09 13:50
Build affordable houses 2012-06-28 08:18
Affordable housing covers 20% of China by 2015 2012-06-11 17:40
China invests $62b in affordable housing 2012-06-08 09:43
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|











