HOME buying momentum remained robust in China, according to data released today by the National Bureau of Statistics. In the first nine months of this year, sales of new residential properties, excluding government-funded affordable housing, rose 18.2 percent year on year to 4.79 trillion yuan (U...
1.- A developer (or a builder) signs an agreement with the government to "use" (rent) the land for a fixed period of time. Then puts up a building and sells you an apartment. That "home" is yours, but THE LAND upon which is built IS NOT, since all the land in China belongs...
In Beijing, a notice issued on April 30 gave local families with the Beijing hukou permission to buy one additional commercial house outside the Fifth Ring Road even if they already own two apartments in Beijing. Single adults with Beijing ...
BEIJING, Sept. 30 (Xinhua) -- Major Chinese cities of Shanghai, Guangzhou and Shenzhen have adjusted their real estate policies, with a slew of measures unveiled to boost local property markets. The city of Guangzhou in south China's Guangdong Province has lifted restrictions on buying propertie...
People who purchase an electric car to replace an old vehicle that does not meet the latest emissions standards can receive a one-off subsidy of 20,000 yuan, while those buying a fossil fuel-powered auto with a displacement of 2 liters or less will receive a subsidy of 15,000 yuan. As...
The city of Guangzhou in south China's Guangdong Province has lifted restrictions on buying properties. Starting on Monday, qualifications for purchasing a home will no longer be reviewed and there will be no restrictions on the number of homes purchased by families and single individuals with or...
People who purchase an electric car to replace an old vehicle that does not meet the latest emissions standards can receive a one-off subsidy of 20,000 yuan, while those buying a fossil fuel-powered auto with a displacement of 2 liters or less will receive a subsidy of 15,000 yuan. As...
People who purchase an electric car to replace an old vehicle that does not meet the latest emissions standards can receive a one-off subsidy of 20,000 yuan, while those buying a fossil fuel-powered auto with a displacement of 2 liters or less will receive a subsidy of 15,000 yuan. As...
Beijing last month announced that it would lower the threshold on non-locals buying real estate in the downtown area and reduce the minimum down payment ratio for individual home buyers. It followed similar decisions by Shanghai and Guangzhou to lift restrictions on buying properties or reduce the...
Imagine buying a pizza, and the employees gave you anchovy or pineapple or some toppings that you don’t like. You would be pissed, right? But why do people willingly accede to second-rate furniture that shops offer you? Have you seen some of the things IKEA has in their display rack?