China-Real Estate
Beijing, China - Oct 19, 2017
++4:3++
1. Various of reporters at press conference
2. SOUNDBITE (Chinese) Xing Zhihong, spokesman of National Bureau of Statistics (NBS) (partially overlaid with shot 3):
"After China took some measures to regulate [home price], the market expectation has become comparatively stable now, with demands of speculative investment effectively restrained. The investment in real estate kept a relatively balanced increase, but is still playing positive role in economic development and effectively defusing risk of real estate."
++SHOT OVERLAYING SOUNDBITE++
3. Various of reporters at press conference
++SHOT OVERLAYING SOUNDBITE++
4. Various of reporters at press conference
Efforts of China's measures to regulate real estate have becoming visible, Xing Zhihong, a spokesman of the National Bureau of Statistics (NBS) said at a press conference on Thursday.
In August, the price of newly-built homes in China's 15 first- and second-tier cities had a month-on-month decline or remained the same as the previous month. In the four first-tier cities, Beijing, Shanghai, Guangzhou and Shenzhen in south China's Guangdong Province, as well as some second-tire cities, the year-on-year growth of price continued to drop for the 11th and ninth consecutive months respectively.
In terms of reducing excess inventory, the floor space for commercial housing on sale around China declined by 12.2 percent year on year. The third-and fourth-tier cities also achieved positive results in this aspect.
"After China took some measures to regulate [home price], the market expectation has become comparatively stable now, with demands of speculative investment effectively restrained. The investment in real estate kept a relatively balanced increase, but is still playing positive role in economic development and effectively defusing risk of real estate," said Xing.
China-Real Estate
Dateline : Oct 19, 2017
Location : Beijing,China
Duration : 0'50
Beijing, China - Oct 19, 2017
++4:3++
1. Various of reporters at press conference
2. SOUNDBITE (Chinese) Xing Zhihong, spokesman of National Bureau of Statistics (NBS) (partially overlaid with shot 3):
"After China took some measures to regulate [home price], the market expectation has become comparatively stable now, with demands of speculative investment effectively restrained. The investment in real estate kept a relatively balanced increase, but is still playing positive role in economic development and effectively defusing risk of real estate."
++SHOT OVERLAYING SOUNDBITE++
3. Various of reporters at press conference
++SHOT OVERLAYING SOUNDBITE++
4. Various of reporters at press conference
Efforts of China's measures to regulate real estate have becoming visible, Xing Zhihong, a spokesman of the National Bureau of Statistics (NBS) said at a press conference on Thursday.
In August, the price of newly-built homes in China's 15 first- and second-tier cities had a month-on-month decline or remained the same as the previous month. In the four first-tier cities, Beijing, Shanghai, Guangzhou and Shenzhen in south China's Guangdong Province, as well as some second-tire cities, the year-on-year growth of price continued to drop for the 11th and ninth consecutive months respectively.
In terms of reducing excess inventory, the floor space for commercial housing on sale around China declined by 12.2 percent year on year. The third-and fourth-tier cities also achieved positive results in this aspect.
"After China took some measures to regulate [home price], the market expectation has become comparatively stable now, with demands of speculative investment effectively restrained. The investment in real estate kept a relatively balanced increase, but is still playing positive role in economic development and effectively defusing risk of real estate," said Xing.
ID : 8063739
Published : 2017-10-19 23:34
Last Modified : 2017-10-20 01:08:00
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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