Private investors get bigger role

2011-02-24 09:40:53

China aims to widen the channels for private capital to tap the country's banking sector and to encourage private investors to play a bigger role in rural financial institutions, the China Banking Regulatory Commission (CBRC) said on Wednesday.

Overseas talent losing pay edge

2011-02-19 10:01:17

As the salaries earned by Chinese residents continue to gain ground on the pay granted to workers recruited from elsewhere, mainland employers are becoming more open to hiring overseas talent, a recent survey showed.

Property prices rise in cities surveyed

2011-02-19 09:20:40

The National Bureau of Statistics (NBS) said 68 out of 70 tracked cities reported higher prices for new homes in January from a year earlier but the market is likely to slow down, analysts said.

Shanghai property tax hard to gauge

2011-01-31 10:25:13

The trade volume of this city's housing market slumped 40 percent on the first day of a new local property tax, and transaction volumes fell further over the weekend, according to figures from the Shanghai Real Estate Trade Center.

Plan to supply land for houses falls short

2011-01-31 09:59:20

The central government did not achieve its goal of ensuring a certain amount of land was supplied for housing construction in the past year, according to a report released by the Ministry of Land and Resources on Saturday.

A tale of 2 cities for property tax reform

2011-01-28 08:55:32

Shanghai and Chongqing will launch the first-ever property tax for second-home buyers, part of a series of government measures to curb soaring prices and real-estate speculation.

Chongqing proposes property tax reforms

2011-01-27 14:49:43

The mayor of this southwestern city on Tuesday made his thoughts known on the touchy subject of how to best levy a tax on the more expensive sorts of properties.

Measures to tame property market

2011-01-27 09:23:47

The State Council raised the minimum down payment for second-home buyers to 60 percent from the current 50 percent on Wednesday, and called on local governments to set price targets in the latest move to rein in property prices.

Shares in art works offered to small investors

2011-01-26 17:45:57

A pilot art market opened Wednesday in north China's Tianjin city to allow small investors to buy shares in the ownership of art works previously traded only in auction houses by the super rich.

Banks call off housing loan preference in Beijing

2011-01-26 11:00:22

Three commercial banks in Beijing have abolished the 15 percent interest rate discount on first housing loans, the Beijing Times reported Tuesday.

Property prices 'will continue to increase'

2011-01-26 10:04:09

Property prices are unlikely to fall this year and are expected to rise, at least in the short term, despite tightening monetary policies and the expected availability of more affordable housing, a report said.
New rules to regulate property agents

Housing price may rise 12.8% this year: Report

2011-01-24 16:58:15

Chinese Academy of Sciences' Center for Forecasting Science predicted the average housing price per square meter could rise 12.77 percent year-on-year to 5,711.5 yuan ($867.6) in 2011, Ccstock.cn reported Monday.