News Headline Summary

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

Update details:

- 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.

Print 23:42, 20 Feb 2013 - Asian News - Source: Newswires