| China's new leadership today said it would continue the nation's property market control policies next year in order to keep a check on excessive speculation, which in the recent past made housing virtually un-affordable for middle and low income groups. The country will step up the construction and management of low-income housing, as well as the renovation of run-down areas, said a statement issued at the end of two-day central economic work conference conducted by the new leaders here.
Stubbornly high real estate prices have been a significant source of public complaint in recent years, forcing the government to implement a string of policies to keep prices down.............................................Full Article: Source
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