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Small cities 'the key'
Source: Xinhua |
March 10, 2012, Saturday
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Print Edition
Print Edition
TOWNS and small cities are the key to China's next chapter in urbanization and the government should promote healthy real estate growth there, Zhu Yilong, a member of the National Committee of the Chinese People's Political Consultative Conference, said yesterday.
A better legal environment covering land use would help attract larger investors, thus spurring growth. Statistics show that 60 percent of migrant workers have moved to small and mid-size cities, creating a demand for housing.
A better legal environment covering land use would help attract larger investors, thus spurring growth. Statistics show that 60 percent of migrant workers have moved to small and mid-size cities, creating a demand for housing.
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