Property News · October 17, 2017

What does ‘property long-term mechanism’ mean and how will it affect the Chinese market?


The phrase “property long-term mechanism”, until now used only by policy wonks, has become a buzzword in China, especially among the state media and experts close to the government.
The phrase gained further prominence after Ning Jizhe, director of the National Bureau of Statistics of China, said last week that Beijing was drafting this mechanism “at a ferocious pace” and that its details would be announced at “an appropriate time”. Many observers took this…

Source : South China Morning Post
Read more…What does ‘property long-term mechanism’ mean and how will it affect the Chinese market?

You may also like...