Land reserve, financing projects management to be boosted |
Last Updated(Beijing Time):2012-11-16 20:54 |
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China is to strengthen local governments' management of land reserve and financing projects, aiming to ensure a plentiful supply and rational distribution of land.
On Friday, the Ministry of Land and Resources, Ministry of Finance, the central bank and China Banking Regulatory Commission issued a statement saying the governmental organizations will control the overall scale of local governments' land reserve and regulate financing of land reservation next year. |
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