News Headline Summary

China should adopt sweeping reform of real estate system, according to China Daily republishing commentary by state economist

Analysis details (23:47)

- The developments in China's real estate sector over the past decade indicate that it has been largely swayed by government policies.
- Further increase in housing prices will be against the new leadership's economic strategy, which focuses more on quality development, and undercut its efforts to improve people's livelihood.

20 Feb 2013 - 23:42 - - Source: Newswires

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