Beijing, Oct 17, 2024 (AFP) - China says to help renovate 1 mn homes to boost property sector

NAMPA / AFP
2024-10-17
China said Thursday it would facilitate the renovation of one million homes as part of measures aimed at boosting the country's property market. "Through monetary resettlement... one million worn-out homes in urban villages will be renovated," Housing Minister Ni Hong told a news conference in Beijing, adding that the policy would apply mainly to "projects that can begin relatively quickly". pfc/oho/dan ...
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