| From Thestar.com.my: The central government endorses local governments' measures to revitalize property markets, a senior official said on Saturday. "Local governments should be allowed certain freedom in formulating real estate policies," Qiu Baoxing, vice-minister of housing and urban-rural planning.
"I believe each city government is capable of adopting sensible measures suited to local conditions." His comments came after 18 cities, including Shanghai, Xi'an, Xiamen and Hangzhou, announced policies to boost the property market.... Full Article: Source
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