Chinese expect lower house prices from reforms

BEIJING - Chinese people expect lower house prices over the next 10 years as a result of the country's reforms, a survey revealed on Tuesday.

Increasing income and equal social welfare rank second and third among the public's expectations during the next decade, according to the survey released by the China Youth Daily.

Other expectations include safe food, stable commodity prices and treatment of pollution, showed the survey, which was jointly conducted by the newspaper and Internet service portal Tencent.

Of the 16,647 respondents, 82.4 percent said they followed all or parts of the Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee held from November 9 to 12. A decision on major issues concerning comprehensively deepening reforms was approved at the meeting.

Nearly 78 percent of those surveyed believe the CPC's new round of reforms closely reflects their needs.

In the next 10 years, rural reforms, instead of housing reform, concern people the most, followed by reforms in the income distribution system and anti-corruption mechanism.

"Entitle farmers with more property rights" was the most impressive measure mentioned in the decision, the survey showed.