Policymakers in China are making renewed pledges to promote the construction of affordable housing in the latest attempt to reverse more than three years of decline in the country's property market.
Beijing expects local governments to shoulder hard part of financing, expert says

China's average per capita residential area is approaching that of developed economies but housing consumption varies widely because of the country's wealth gap.
Policymakers in China are making renewed pledges to promote the construction of affordable housing in the latest attempt to reverse more than three years of decline in the country's property market.