BEIJING -- China is encouraging local governments and developers to focus on sales of finished apartments instead of preselling incomplete units, looking to reduce the risk of stalled construction and revive the sluggish real estate market.
Localities limit sales of incomplete units to reduce risk of construction delays

Signs on the side of apartment complexes advertise the finished units inside. (Photo by Kentaro Shiozaki)
BEIJING -- China is encouraging local governments and developers to focus on sales of finished apartments instead of preselling incomplete units, looking to reduce the risk of stalled construction and revive the sluggish real estate market.