CRI听力:Home Prices to be Released Today
Home prices in July from 70 major Chinese cities will be released later today.
Data from the National Bureau of Statistics shows that home prices declined in 55 of those cities in June, with prices overall down half a percent.
Analysts are expecting prices to decline further. On Friday, a draft version of rules for a property registration system was released, a step that would help the government track home ownership.
Such rules have been widely anticipated and should discourage speculative home-buying practices.
It is also seen as a step toward the rollout of a property tax, currently implemented only on a trial basis in the major Chinese cities of Shanghai and Chongqing.
The 10-page document, issued by the State Council, includes details regarding information sharing and protection, as well as recommendations to simplify the registration process.
For more on the property sector here in China, we are joined on the line by Mike Bastin, Visiting Professor at China's University of International Business and Economics.
相关文章
- CRI听力:Myanmar youth reap rewards from China-Myanmar cooperative projects
- CRI听力:Guardians of the Belt and Road dedicate prime years in Myanmar
- CRI听力:"Dedicate yourself and you will win," says young entrepreneur
- CRI听力:Macao martial arts champion shines in fashion world with Chinese style
- CRI听力:Perseverance and passion make a difference, young athlete from Macau
- CRI听力:Young girl from Macau becomes social media influencer
- CRI听力:Piano prodigies perform at the Beijing premiere of "The Legend of 1900"
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
- CRI听力:Kris Wu shoots a short film, starring Asian teen model
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
手机网站