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Thursday, October 19, 2017
Chinese property market regulation needs long-term mechanism
ANBOUND

180 policies related to the property market have been introduced throughout China this year; the policy intensity and impact are far more than the previous years. In September, as many as 45 cities have issued policy on the real estate for 52 times. In addition, the commercial banks are also constantly adjusting personal housing mortgage loans policy. To take Beijing as example, the mortgage interest rates have been adjusted for 3 times. However, the frequent introduction of the property market regulation policies does not help to build a long-term and stable market environment; the property market regulation still calls for long-term mechanism.

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