English > Industry&Companies > Industry-Breaking News>China Reveals Details of Property Stimulus Plan

China Reveals Details of Property Stimulus Plan

12-22 17:49 Caijing Magazine

Full article in Chinese: http://www.caijing.com.cn/2008-12-22/110041224.html

The State Council, China's cabinet, issued guidelines to encourage China's gloomy property market on December 21. The guidelines provide detailed measures for the implementation of the three stimulus policies to boost house buying and development of low-income housing. The measures include easing control on second-home ownership, credit support for low-income housing, and more financial supports to selected developers.

 

 

Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
[ICP License: 090027] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号] 京公网安备110105005607号
Copyright by Caijing. All Rights Reserved