Lower-tier cities in China rush to introduce measures to support housing markets

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More than 20 local governments in China have introduced measures to support their housing markets since November, with measures including lowering home mortgage rates, relaxing home purchase restrictions, etc.

Northeast China's Jilin province on Tuesday announced ten policies to ensures a good start for its economy in 2022, one of which is to promote more stable operations of the real estate market, according to a document released by the provincial economic planner.

 

 

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