Tourists visit West Lake, a scenic spot in Hangzhou. The city government’s masterplan is to shift development from West Lake to the southbank of the Qiantang River, where four new subway lines are being built. Photo: Xinhua

Hangzhou property prices soar on ‘face lift’ ahead of G20 summit

Speculators flock to Hangzhou amid quadrupling of land transfer income for city’s government, the highest among all mainland cities in the first half of the year

Topic |   G20: Hangzhou

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Tourists visit West Lake, a scenic spot in Hangzhou. The city government’s masterplan is to shift development from West Lake to the southbank of the Qiantang River, where four new subway lines are being built. Photo: Xinhua
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