House prices are still rising at a fast pace in some
Chinese cities and the government should continue efforts to
enforce its macro-control policies on the property market,
according to Chinese Vice Premier Zeng Peiyan.
The government should strive to adjust the structure
of the housing supply and ensure housing for low-income families,
Zeng said on Tuesday.
Earlier macro-control policies have not been fully
enforced and the market order should be further rectified, said
Zeng.
The Construction Ministry, along with several other
central departments, sent teams of high-level officials to eleven
provinces, municipalities and autonomous regions in late September
to investigate how local governments have implemented its macro
control policies aimed at cooling down the property
market.
(Xinhua News Agency October 19, 2006)
|