Premier responds to house price calls
Source: Xinhua |
March 6, 2013, Wednesday
|
Print Edition
Print Edition
AMID the public's calls for the government to stabilize housing prices, Premier Wen Jiabao said China will "firmly rein in" speculative and investment-driven housing demand.
Wen said the government should improve the accountability system for stabilizing housing prices and strengthen mechanisms for maintaining steady development of the market.
"We have kept a firm grip on the real estate market and kept housing prices from rising too quickly," he said.
Wen did not mention specific measures his government took to macro-manage the housing market, including property tax trials in Shanghai and Chongqing and the recent move to levy tax on capital gains of resold properties.
Wen said the government should improve the accountability system for stabilizing housing prices and strengthen mechanisms for maintaining steady development of the market.
"We have kept a firm grip on the real estate market and kept housing prices from rising too quickly," he said.
Wen did not mention specific measures his government took to macro-manage the housing market, including property tax trials in Shanghai and Chongqing and the recent move to levy tax on capital gains of resold properties.
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