BEIJING - Seventy eight state-owned enterprises (SOEs) have filed plans to exit the property sector after being ordered to do so within 15 working days, an official with the State-owned Assets Supervision and Administration Commission (SASAC) said Thursday.来www.Examw.com
' _! q `3 A; D$ e0 u$ h+ T "The 78 companies are very resolute on this issue and have submitted their plans to exit the property market," the official said.
0 q( `' x" t8 A' W, y$ h The SASAC announced on March 18 it had ordered 78 state-owned enterprises (SOEs) whose core business is not property development to withdraw from the business within 15 working days. The deadline would be April 12.
- M$ X8 ~3 y z The order came amid complaints the SOE’s land acquisitions has fueled rises in urban housing prices.+ {; `; u$ f: F% r0 l# t& S* D
Premier Wen Jiabao repeatedly pledged in recent months to crack down on property market speculation after urban home prices soared.
+ S- ], O' u& H, J2 }. A The official said it will be difficult for the companies to exit the property market for "historical reasons" and that it will "take time."
8 E6 X2 j. }0 F" ]! D2 P The SASAC said last month that only 16 of the 127 centrally-administered SOEs which are designated as property developers will continue to stay in the market, adding that they should play a key role in promoting the healthy development of the nation’s real estate industry. |