Source: CCTV.com
12-16-2007 15:52
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The Chinese central government is reiterating that urban dwellers are banned from buying residential land or houses from farmers. Contrary to a recent report, the Chinese Ministry of Land and Resources says land owned collectively by villagers' committee will not be allowed to be used for commercial residential projects.
Houses built on rural land can only be sold to rural residents or villagers. The ministry also adds those vague properties are also banned from renting to urban residents.
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Editor:Yang Jie
