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英语新闻视频 China pushes low-rent housing

Affordable housing is one of the main goals of the government's policy of building a housing security system. In the last five years, 270,000 low-income families have been given access to low-rent housing. It appears that low-income families just ca

China allocates 20,000 hectares for low-income housing

BEIJING, Aug. 7 (Xinhua) -- China has allocated more than 20,000 hectares of land to support the construction of low-income housing this year, an official with the Ministry of Land and Resources said Tuesday. The nation plans to distribute 47,600 hec

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China urges expanded financing for affordable housing

BEIJING, Feb. 20 (Xinhua) -- China is encouraging local governments to make full use of their financing vehicles in 2012 in an effort to boost financial support for low-income housing projects, the country's top economic planner said Monday. The cent

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2.96 bln yuan misused in affordable housing

BEIJING, June 27 (Xinhua) -- China's top auditor said on Wednesday that 2.96 billion yuan (470 million U.S. dollars) earmarked for affordable housing programs was intercepted or embezzled last year. The report was based on auditing in 66 cities and c

China to regulate housing file management

BEIJING, Nov. 13 (Xinhua) -- China will next year introduce a regulation to better manage the housing files of the country in terms of resources and applicants, according to an official announcement on Tuesday. The announcement, posted on the website

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China's real estate market in major cities is warming up, with home prices rising, and more people buying new apartments. However, this is not the case across the country. In smaller cities, real estate agents are finding it increasingly difficult to

China starts construction on 5.8 mln low-income housing units

BEIJING, Aug. 10 (Xinhua) -- 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 ba

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China to continue regulating land supply for housing construction

BEIJING, Jan. 11 (Xinhua) -- China will continue its regulation of land supply for housing use in 2013 to promote the stability of land market and healthy economic growth, a senior land and resources official said on Friday. Xu Shaoshi, minister of l

Chinese banks to hold differentiated housing loans

BEIJING, March 1 (Xinhua) -- China's four biggest state-owned banks said Thursday they will continue implementing the differentiated housing loan policy. The four state-run lenders, dubbed the Big Four, are Industrial and Commercial Bank of China, Ch