Source: CCTV.com
02-26-2007 15:56
Special Report: 2007 NPC & CPPCCVice-Premier Zeng Peiyan has pledged to stabilize soaring property prices by putting up more real estate for sale, standardizing the market and offering more and better houses to low-income families.
He made the remarks at a property market meeting. As Chen Lijun finds out, property experts say it is the government's responsibility to solve the basic housing problem faced by low-income groups.
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Speaking at a recent State Council meeting on Beijing's property market, vice-premier Zeng Peiyan said the Beijing municipal government should channel more funds into low-rent housing schemes and standardize the construction, sale and distribution of low-cost affordable houses.
By the end of last year, 510 of the 650 cities had set up affordable housing schemes, and the Ministry of Construction ordered that it be extended to the rest of the country this year.
The central government has taken measures to cool off the booming property market. They include an official mandate to build more small- and medium-sized homes and redouble efforts to collect land appreciation taxes from developers.
Although the meeting was told that overall, the housing market had cooled down, with speculation being curbed, property prices in some major cities were still rising and the supply of small and medium-sized houses was far from enough.
Editor:Du Xiaodan
