Closer Look: New Policies on Housing Are a Mixed Bag
(Beijing) – The latest housing control policies were introduced on February 20 by Premier Wen Jiabao at an executive meeting of the State Council, the last such meeting for the outgoing government.
The policies arrive amid surging housing prices in some major cities.
The policies addressed five areas. First, local governments should make controlling home prices an annual objective and establish a system to assess officials’ performance in stabilizing prices.
- In Friday's Papers: OTC Board Expansion Expected This Month; Founder of Fast-food Giant Sentenced to Jail
- Anbang Raises Stake in Merchants Bank
- The Surplus Dispute Has Come to Europe
- N. Korean Leader's Uncle Executed
- In Need of an Elder Care Revamp
- How Li Qiang Cheers Zhejiang’s Private Spirit
- Shanghai 1937: Stalingrad on the Yangtze
- Poseidon: China's Secret Salvage of Britain's Lost Submarine
- In Thursday's Papers: Chinalco's Copper Mine in Peru Opens, Tariffs for Hundreds of Imports to Be Cut
- Fishmonger Fracas
- Sign up to receive our free daily newsletter
- Yi Gang: China's Forward-Thinking Forex Chief
- As U.S. Refuses a Dirty Fuel, China Only Too Ready to Increase Imports
- Coal Industry Finds Itself at a Crossroads
- Evergrande Partners with Harvard to Build Hospital in China
- Sina Corp., Investment Fund Management Firms Mull Net Sales
- Ruins of Urbanization
- In Friday's Papers: China, U.S. to Enhance Cooperation on Shale Gas; Wang Qishan 'May Only Serve Five Years'
- PBOC Said to Be Talking to Major Banks about Deposit Insurance
- Closer Look: Visit by Cameron Focuses on Trade and Investment
- Yi Gang: China's Man for Market Logic