1. Text: | Print|

      Nanning opens property market to non-residents

      2014-04-30 08:17 China Daily Web Editor: qindexing
      1

      Bans on non-residents buying property will be lifted in Nanning, the Guangxi Zhuang autonomous region, the first crack in the three-year nationwide restrictions on housing sales.

      More cities are likely to loosen restrictions as cash-strapped local governments are eager for revenue from land auctions and sales taxes to finance projects, experts said.

      Changes may be seen in smaller cities while major cities such as Beijing and Shanghai will have to keep their restrictions, industry specialists say.

      "Regional divergence could be more obvious this year," said Li Enping, an associate professor at the Institute for Urban and Environmental Studies under the Chinese Academy of Social Sciences.

      According to real estate statistics provider Soufun, housing prices rose 20 percent year-on-year in March in China's four top cities-Beijing, Shanghai, Guangzhou and Shenzhen. But they only rose by 7.7 percent on average in second-tier cities, mainly provincial capitals, and 3.9 percent in third-tier cities.

      Such low aggregate growth rates may indicate that the price level in some cities may have been declining.

      Zhu Baoliang, a senior economist at the State Information Center, a government think tank, said restrictions could be removed in small cities where prices have dropped steeply.

      "But the chance is slim for lifting the restrictions in first-tier cities," he said.

      The country's real estate market cooled amid a strong wait-and-see sentiment in 2014. According to the National Bureau of Statistics, fewer cities have reported price increases. In March, 56 of 70 major cities saw prices rise, the lowest level since January 2013.

      "As the real estate sector accounted for nearly one-fourth of fixed-asset investment, balancing real estate tightening and the slowing economy will not be an easy task," said Li Yang, vice-president of the Chinese Academy of Social Sciences.

      China's GDP growth in the first quarter slowed to 7.4 percent. Slowing real estate activity is believed to be an important factor dragging down the overall economy.

      On Tuesday, the China Banking Regulatory Commission warned against credit risks in the real estate sector.

      But, Li said, "so far, the financial risks of a home price correction are manageable."

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲愉拍99热成人精品热久久| 全部免费国产潢色一级| 亚洲人成网77777色在线播放| 免费观看亚洲人成网站| 国产嫩草影院精品免费网址| 日本亚洲免费无线码| 成年女人看片免费视频播放器 | 久久国产亚洲电影天堂| 精精国产www视频在线观看免费| 亚洲国产精品视频| 一级美国片免费看| 日韩亚洲国产高清免费视频| 亚洲国产美女视频| 老司机在线免费视频| 亚洲天堂2016| 国产色爽女小说免费看| 男男gvh肉在线观看免费| 亚洲精品高清在线| 你是我的城池营垒免费看| 亚洲国产精品久久| 永久免费av无码网站韩国毛片| 亚洲AV无码一区东京热| 无码一区二区三区免费| 亚洲视频一区二区| 亚洲精品美女久久久久久久| 国产成人精品免费视| 亚洲不卡影院午夜在线观看| 国产免费av一区二区三区| 一级毛片正片免费视频手机看| 毛片高清视频在线看免费观看| 亚洲欧美日韩综合久久久久| 久草福利资源网站免费| 亚洲国产精品成人综合色在线婷婷 | 亚洲伊人精品综合在合线| 在线观看免费大黄网站| xxxxxx日本处大片免费看 | 亚洲精品国产福利一二区| 久久99毛片免费观看不卡| 亚洲国产精品久久人人爱| 国产在线观看免费完整版中文版| 成人免费无码H在线观看不卡|