国内英语新闻:Chinese Vice Premier urges massive construction of affordable housing in coming years
NINGBO, Zhejiang, Dec. 7 (Xinhua) -- Chinese Vice Premier Li Keqiang called for building affordable housing on a massive scale in the next few years.
Li made the remarks during a two-day inspection tour to Ningbo in east China's Zhejiang Province, which ended Tuesday.
Li said the country's affordable-housing policy would continue in the upcoming years so as to substantially raise the percentage of affordable housing in the real-estate market.
Li urged local governments to support such projects with additional funding and land distribution.
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Chinese Vice Premier Li Keqiang (R, Front) shakes hands with a worker at a construction site in Haishu District of Ningbo City, east China's Zhejiang Province, Dec. 7, 2010. Li called for building affordable housing on a massive scale in the next few years during a two-day inspection tour to Ningbo. |
Li also called on authorities to ensure transparency and fairness in the distribution process, to benefit those in real need.
The Chinese government introduced various policies to cool down the real-estate market this year.
Li stressed the need to discourage house purchases that are for the purpose of investment and speculation, and to increase the supply of affordable housing.
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