Lingang has seen 19,800 people settle in the free-trade zone since 2019, when it launched a scheme to attract talent. Photo: Xinhua
Lingang has seen 19,800 people settle in the free-trade zone since 2019, when it launched a scheme to attract talent. Photo: Xinhua

Lingang free-trade zone lowers bar for home purchases, as China’s property easing measures arrive in Covid-19 ravaged Shanghai

  • Lingang will allow talent to buy homes after working there for three months, down from at least one year previously
  • China ‘needs a stable property market to support its economic growth’: CGS-CIMB Securities analyst

Lingang has seen 19,800 people settle in the free-trade zone since 2019, when it launched a scheme to attract talent. Photo: Xinhua
Lingang has seen 19,800 people settle in the free-trade zone since 2019, when it launched a scheme to attract talent. Photo: Xinhua
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