Residential and office buildings in Beijing. The municipal government has raised down payments for most property deals for second home purchases to an unprecedented 80 per cent. Photo: Reuters
Residential and office buildings in Beijing. The municipal government has raised down payments for most property deals for second home purchases to an unprecedented 80 per cent. Photo: Reuters
China's Two Sessions 2017
China /  Politics

China adds national pledge to curb housing prices in government work report

Vow comes as Beijing municipal government raises down payments for most second home purchases to 80 per cent

Wendy Wu
Wendy Wu

Updated: 10:48am, 18 Mar, 2017

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Residential and office buildings in Beijing. The municipal government has raised down payments for most property deals for second home purchases to an unprecedented 80 per cent. Photo: Reuters
Residential and office buildings in Beijing. The municipal government has raised down payments for most property deals for second home purchases to an unprecedented 80 per cent. Photo: Reuters
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