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[考试辅导] 金融英语阅读:Real estate should not be pillar industry

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发表于 2012-8-16 08:12:37 | 显示全部楼层 |阅读模式
  Real estate should be a fundamental, but not a pillar, industry in China, the Shanghai Securities News reported Wednesday, citing Yun Xiaosu, vice minister of the Ministry of Land and Resources.
3 U+ ?7 ]* N) t% l9 _( |  Chinese government has rolled out a series of measures to curb skyrocketing housing prices since April. China’s real estate prices in 70 major cities rose at a slower pace since April. However, 70 percent of Chinese residents believe home prices are too high, according to a report released by the People’s Bank of China.# r1 u7 L, X0 n$ e9 t2 I
  The ministry will prioritize land supply for building 10 million social security housing projects next year, the report quoted a source close to the ministry as saying. A timetable for managing idle land lots has also been set.
2 a, S( [' m/ ^  G  The ministry ordered that provincial land and resources regulators publish information about land lots which have been idle for government-related reasons, prior to Jan 20. The ministry itself will also release information of land lots which have been idle for company-related reasons.
1 ~' N+ y! m' X& G+ D  A total of 200 land lots, covering an area of 1,000 hectares were idle for company-related reasons and 500 land lots, covering an area of 2000 hectares were idle for government-related reasons at the end of 2009, according to statistics.
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