A man looks up at new buildings and others that are still under construction as he rides his bicycle in central Beijing December 8, 2010. Reuters photo 4 C4 D% E1 M6 x. `3 H BEIJING - China says land sales shot up 70 percent last year as the country's land and resources minister warned of social unrest among frustrated Chinese who can't afford to buy a home.8 I' s/ h! }9 c* O, N
Land and resources minister Xu Shaoshi says 2.7 trillion yuan ($470 billion) was spent on land transactions last year. His comments Friday were posted on the ministry's website.: A) o6 w$ n2 D
He said the land transactions had resulted in uneven benefits and social conflicts. 8 `6 q" T4 h% N. A# f l' F. } Authorities have been trying to cool China's property market by discouraging investment buying that has helped drive prices out of reach for many city dwellers
发表于 2012-8-16 08:12:37
