Chinese Premier Li Keqiang makes government report at the opening of NPC displayed in a big TV screen at a shopping area in Beijing on Friday morning, March 5, 2021. Photo: Simon Song
Chinese Premier Li Keqiang makes government report at the opening of NPC displayed in a big TV screen at a shopping area in Beijing on Friday morning, March 5, 2021. Photo: Simon Song
Business /  China Business

‘Two sessions’ 2021: China to expand land supply to rein in runaway home prices as premier vows to get a grip on affordability

  • The government will make more land available for developers to turn into housing stock to bring prices down
  • The government will also increase the supply of subsidised rental homes and shared ownership housing

Pearl Liu
Pearl Liu

Updated: 7:58pm, 5 Mar, 2021

Why you can trust SCMP
Chinese Premier Li Keqiang makes government report at the opening of NPC displayed in a big TV screen at a shopping area in Beijing on Friday morning, March 5, 2021. Photo: Simon Song
Chinese Premier Li Keqiang makes government report at the opening of NPC displayed in a big TV screen at a shopping area in Beijing on Friday morning, March 5, 2021. Photo: Simon Song
READ FULL ARTICLE