Residents walk past a wall surrounding an empty field, which was purchased by a Chinese real estate developer for 3.3 billion yuan in November. Photo: Reuters
Residents walk past a wall surrounding an empty field, which was purchased by a Chinese real estate developer for 3.3 billion yuan in November. Photo: Reuters

China unveils new policies to help farmers buy homes in smaller cities

Aid package to encourage rural residents to buy city properties may face push back from local governments, say analysts

Residents walk past a wall surrounding an empty field, which was purchased by a Chinese real estate developer for 3.3 billion yuan in November. Photo: Reuters
Residents walk past a wall surrounding an empty field, which was purchased by a Chinese real estate developer for 3.3 billion yuan in November. Photo: Reuters
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