Date
20 October 2017

China achieves subsidized housing target for 2013, paper says

China has reached its target for the construction of subsidized housing this year, with the number of units that have started construction reaching 6.66 million as of the end of November, Shanghai Securities News reported Monday, citing data from the Ministry of Housing and Urban-Rural Development. Of the number, 5.44 million units have been completed, the report said. Over six million subsidized housing units will commence construction in 2014, Vice Minister Qi Ji was quoted as saying.

– Contact HKEJ at [email protected]

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