Page 13 - Development Institution News Today

BEIJING — Warning that risks remain in the property market, China’s government said in a report released at parliament’s annual opening on Sunday that it…

BEIJING (Reuters) -Warning that risks remain in the property market, China's government said in a report released at parliament's annual opening on Sunday that it would promote the sector's stable development and prevent disorderly expansion

The latest approval given to private equity or PE firms to invest in the property sector in China will help funnel more capital into real estate companies and ensure the stability of the entire industry, experts said on Tuesday.

By Ziyi Tang, Liangping Gao and Ryan Woo BEIJING (Reuters) -China has been cutting mortgage rates since last year to boost sales in its moribund property

Led by month-on-month growth in first-tier cities, average home prices in the nation's 70 major cities saw a general recovery in January, and industry experts expect the market's upward performance will build up confidence among potential homebuyers and lead to further market stabilization in the coming months.

China has been cutting mortgage rates since last year to boost sales in its moribund property market, but the main result so far has simply been a rush by households to pay off existing mortgages

Beijing launched a subsidized housing program on Monday, aimed at reducing the financial cost of migrant workers returning to the capital to take up jobs after the Spring Festival holiday.

Wuhan, capital of Hubei province in Central China, has eased purchase restrictions targeting the housing market by allowing families to buy an extra apartment in the city — a watershed move likely to be followed by more cities to encourage residential property consumption, industry experts said on Tuesday.

Home prices in the majority of China's 70 large and medium-sized cities dropped month-on-month in December but the housing market is expected to recover gradually as the country recently rolled out supportive policies.

The Indonesian Motor Association (IMI) stated that the Pertamina Mandalika International Street Circuit will obtain the Grade 2 license from the Federation ...