BEIJING -- As China's property market suffers from a protracted chill, small and midsize cities are looking to revive housing demand with new discounts for group purchases aimed at workers at well-paying state-owned companies.
Property
China targets high earners in public sector with group condo discounts
Cities hope to lift sales amid real estate market slump
Condominiums under construction in Wuhan, China, in July. There has been a glut of condos due to a sales slump since the summer of 2021. © Kyodo
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