China to let local govt officials buy affordable housing at 'reasonable' prices
China to let local govt officials buy affordable housing at 'reasonable' prices
China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on Friday, the official news agency, Xinhua, said.
He also called for efforts to categorise and promote disposal of sold but difficult-to-deliver housing projects that are under construction, it added.
This article was produced by Reuters news agency. It has not been edited by Global South World.
