Subsidized homes inventory building

0 CommentsPrint E-mail China Daily, February 28, 2011
Adjust font size:

China plans to build 36 million government-subsidized apartments in the coming five years, including 10 million in 2011, so more will be available for low-income residents, Premier Wen Jiabao said on Sunday.

He made the pledge while responding to netizens' comments about the soaring cost of housing during an online chat.

"We have to contain the excessive price growth and keep housing prices at a reasonable level," Wen said.

"If 36 million subsidized apartments, which accounts for 20 percent of the country's current total dwelling houses in urban areas, can be built, the pressure on housing could be relieved greatly."

Detailed supporting policies, such as funding and land supply policies, are under discussion, he said.

The country has introduced a slew of policies since last year to curb property speculation and excessive gains from housing transactions.

On Jan 26, the State Council announced its latest eight measures to curb rising housing prices.

It called for an increase in the supply of apartments for poor people, the introduction of rules preventing residents from buying more than a certain number of properties and the adoption of higher transaction taxes.

The country is also to accelerate its property tax pilot and gradually expand it to the national level, the General Office of the National People's Congress Standing Committee, the top legislature, said on Sunday, citing a report from the National Development and Reform Commission.

The country has kicked off the long-awaited trial property taxation system in Shanghai and Chongqing to try to cool off the housing market.

However, 68 out of 70 cities still reported that the cost of local homes had risen from what they were a year earlier, the National Bureau of Statistics said on Feb 18.

During the online chat, Wen admitted that curbing rising housing prices had been difficult.

"Some may think I would be dejected but I'm still confident that we will achieve the goal," he said.

The country last year started to construct 5.9 million government-subsidized apartments, exceeding its original target by 100,000.

This year, the number of subsidized apartments being built across the country will reach 10 million, up 72.4 percent year-on-year, according to official figures.

Li Chang'an, a public policy professor at the Beijing-based University of International Business and Economics, said on Sunday that the central government's determination will help cool the country's hot property market.

"Local governments will have to allocate more money for the construction of subsidized apartments, which had been ignored in the past, to fulfill their tasks," he said.

But the insufficient funding that had stifled such projects in recent years remains a significant obstacle, he said.

"More social funding should be encouraged to be used for the construction of subsidized apartments," he said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 67194线路1(点击进入)| 亚洲jizzjizz妇女| 老王666天堂网站| 国产欧美曰韩一区二区三区| 99国产精品热久久久久久| 尹人久久久香蕉精品| 久久99精品久久久久子伦| 日韩国产成人精品视频| 亚洲a级片在线观看| 欧美日本在线播放| 亚洲精品亚洲人成在线| 男的把j伸进女人p图片动态 | 大陆老太交xxxxxhd在线| 一级做a爰片久久免费| 成人窝窝午夜看片| 久久一日本道色综合久久m| 日韩一区二区三区精品| 亚洲av无码成人精品区日韩| 欧美国产日本高清不卡| 亚洲日韩精品无码专区网址| 激情捆绑国语对白| 人妻少妇精品久久| 精品久久久BBBB人妻| 十分钟免费视频高清完整版www| 美女让男人桶出水的网站| 国产一区二区三区不卡在线观看| 韩国r级春天在线无删减| 国产在线观看麻豆91精品免费| 99久久国产综合精品五月天| 国产无遮挡又黄又爽在线观看| 五月婷婷色综合| 国产热の有码热の无码视频| 性xxxxfeixxxxx欧美| 国产真实露脸乱子伦| 亚洲香蕉久久一区二区| 国产精品亚洲精品爽爽| 怡红院成人在线| 国产精品久久久久无码av| 521色香蕉网站在线观看| 国产盗摄XXXX视频XXXX| 亚洲国产成a人v在线观看|