China
        

From Chinese media

Detailed property-purchasing limitations set for release

Updated: 2011-02-10 14:50

By Song Jingli (chinadaily.com.cn)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

Analysts say major Chinese cities, including Beijing, will draft and release detailed measures to limit home-buying as soon as this week, the China Securities Journal reported Thursday.

Related readings:
Detailed property-purchasing limitations set for release Shanghai residential property sales cool
Detailed property-purchasing limitations set for release Shanghai property tax hard to gauge
Detailed property-purchasing limitations set for release Property tax aimed at cooling hot residential market

The State Council issued eight guidelines on Jan 26 to curb housing prices, one of which prevents families with two or more apartments in a major city from buying any more in that city.

Beijing, Shanghai, Tianjin, Chongqing, Dalian, Qingdao, Ningbo, Xiamen, and Shenzhen will all put the new measures in place. The guidelines also apply to provincial capitals and other cities where housing prices are too high and are growing too fast.

Not all cities have come up with detailed measures in response to these guidelines.

E-paper

Ear We Go

China and the world set to embrace the merciful, peaceful year of rabbit

Preview of the coming issue
Carrefour finds the going tough in China
Maid to Order

European Edition

Specials

Mysteries written in blood

Historical records and Caucasian features of locals suggest link with Roman Empire.

Winning Charm

Coastal Yantai banks on little things that matter to grow

New rules to hit property market

The State Council launched a new round of measures to rein in property prices.

Top 10 of 2010
China Daily in Europe
The Confucius connection