Source: CCTV.com

03-10-2009 11:29

The quality of life for people in China is among the issues being looked at during the ongoing NPC and CPPCC sessions. Discussions focus on topics such as employment, medical service and housing. The central government has announced that nearly a quarter of the 4 trillion yuan stimulus plan will be spent on low cost housing.

The quality of life for people in China is  among the issues being looked at during the ongoing NPC and CPPCC sessions.

Beijing plans to offer tens of thousands of apartments to people in low-income households in the coming two years. This year alone, 41 thousand will be offered to people using a lottery system. Real estate transactions dropped by nearly 40 percent in 2008 over the previous year. But developers say they are not worried by this news. They say people needed low cost housing are not their target customers.

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Editor:Qin Yongjing