China’s top economic official called on city authorities to follow through on measures compiled by national policymakers aimed at easing the nation’s property market downturn.
“All cities need to make timely efforts to establish the financing-coordination mechanism for the property industry and make sure it operates with high efficiency,” Vice Premier He Lifeng said Monday. He made the remarks in a meeting on how to better support publicly traded companies to help stabilize the country’s stock market.
Source: Bloomberg
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