国内英语资讯:No relaxation in property curbs: authorities
<p><span word="BEIJING">BEIJING</span>, <span word="Nov">Nov</span>. 21-- <span word="Regulations">Regulations</span> <span word="to">to</span> <span word="curb">curb</span> <span word="property">property</span> <span word="sector">sector</span> <span word="risks">risks</span> <span word="must">must</span> <span word="not">not</span> <span word="be">be</span> <span word="relaxed">relaxed</span>, <span word="Chinese">Chinese</span> <span word="authorities">authorities</span> <span word="said">said</span> <span word="Tuesday">Tuesday</span>.</p><p><span word="Officials">Officials</span> <span word="must">must</span> <span word="not">not</span> <span word="think">think</span> <span word="of">of</span> "<span word="taking">taking</span> <span word="a">a</span> <span word="breather">breather</span>," <span word="according">according</span> <span word="to">to</span> <span word="a">a</span> <span word="statement">statement</span> <span word="issued">issued</span> <span word="after">after</span> <span word="a">a</span> <span word="meeting">meeting</span> <span word="on">on</span> <span word="real">real</span> <span word="estate">estate</span> <span word="policies">policies</span> <span word="in">in</span> <span word="central">central</span> <span word="China">China</span>'<span word="s">s</span> <span word="Hubei">Hubei</span> <span word="Province">Province</span>.</p><p><span word="The">The</span> <span word="meeting">meeting</span> <span word="was">was</span> <span word="held">held</span> <span word="by">by</span> <span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Housing">Housing</span> <span word="and">and</span> <span word="Urban">Urban</span>-<span word="Rural">Rural</span> <span word="Development">Development</span>, <span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Land">Land</span> <span word="Resources">Resources</span> <span word="and">and</span> <span word="the">the</span> <span word="People">People</span>'<span word="s">s</span> <span word="Bank">Bank</span> <span word="of">of</span> <span word="China">China</span>.</p><p><span word="Since">Since</span> <span word="late">late</span> <span word="last">last</span> <span word="year">year</span>, <span word="dozens">dozens</span> <span word="of">of</span> <span word="local">local</span> <span word="governments">governments</span> <span word="have">have</span> <span word="passed">passed</span> <span word="or">or</span> <span word="expanded">expanded</span> <span word="restrictions">restrictions</span> <span word="on">on</span> <span word="house">house</span> <span word="purchases">purchases</span> <span word="and">and</span> <span word="increased">increased</span> <span word="the">the</span> <span word="minimum">minimum</span> <span word="down">down</span> <span word="payment">payment</span> <span word="required">required</span> <span word="for">for</span> <span word="mortgages">mortgages</span>.</p><p><span word="The">The</span> <span word="property">property</span> <span word="market">market</span> <span word="was">was</span> <span word="also">also</span> <span word="cooled">cooled</span> <span word="by">by</span> <span word="tightened">tightened</span> <span word="liquidity">liquidity</span> <span word="as">as</span> <span word="the">the</span> <span word="government">government</span> <span word="contained">contained</span> <span word="leverage">leverage</span> <span word="and">and</span> <span word="risk">risk</span> <span word="in">in</span> <span word="the">the</span> <span word="financial">financial</span> <span word="system">system</span>.</p><p><span word="The">The</span> <span word="statement">statement</span> <span word="stressed">stressed</span> <span word="continuity">continuity</span> <span word="and">and</span> <span word="stability">stability</span> <span word="of">of</span> <span word="property">property</span> <span word="controls">controls</span>.</p><p><span word="Priority">Priority</span> <span word="should">should</span> <span word="be">be</span> <span word="given">given</span> <span word="to">to</span> <span word="stabilizing">stabilizing</span> <span word="the">the</span> <span word="real">real</span> <span word="estate">estate</span> <span word="sector">sector</span> <span word="and">and</span> <span word="dissolving">dissolving</span> <span word="the">the</span> <span word="risk">risk</span> <span word="of">of</span> <span word="a">a</span> <span word="bubble">bubble</span>. <span word="Funds">Funds</span> <span word="should">should</span> <span word="be">be</span> <span word="prevented">prevented</span> <span word="from">from</span> <span word="flowing">flowing</span> <span word="into">into</span> <span word="the">the</span> <span word="property">property</span> <span word="sector">sector</span> <span word="illegally">illegally</span> <span word="and">and</span> <span word="the">the</span> <span word="land">land</span> <span word="supply">supply</span> <span word="should">should</span> <span word="be">be</span> <span word="increased">increased</span>.</p><p><span word="Megacities">Megacities</span> <span word="with">with</span> <span word="high">high</span> <span word="housing">housing</span> <span word="prices">prices</span> <span word="should">should</span> <span word="have">have</span> <span word="some">some</span> <span word="functions">functions</span> <span word="moved">moved</span> <span word="out">out</span> <span word="and">and</span> <span word="be">be</span> <span word="better">better</span> <span word="connected">connected</span> <span word="with">with</span> <span word="smaller">smaller</span> <span word="cities">cities</span>, <span word="the">the</span> <span word="statement">statement</span> <span word="said">said</span>.</p><p><span word="Meanwhile">Meanwhile</span>, <span word="small">small</span> <span word="cities">cities</span> <span word="should">should</span> <span word="improve">improve</span> <span word="public">public</span> <span word="services">services</span> <span word="and">and</span> <span word="steadily">steadily</span> <span word="reduce">reduce</span> <span word="housing">housing</span> <span word="inventories">inventories</span>, <span word="it">it</span> <span word="said">said</span>.</p><p><span word="The">The</span> <span word="statement">statement</span> <span word="reiterated">reiterated</span> <span word="that">that</span> <span word="rental">rental</span> <span word="housing">housing</span> <span word="was">was</span> <span word="needed">needed</span> <span word="and">and</span> <span word="that">that</span> <span word="work">work</span> <span word="to">to</span> <span word="establish">establish</span> <span word="a">a</span> <span word="long">long</span>-<span word="term">term</span> <span word="mechanism">mechanism</span> <span word="to">to</span> <span word="support">support</span> <span word="a">a</span> <span word="stable">stable</span> <span word="and">and</span> <span word="healthy">healthy</span> <span word="property">property</span> <span word="sector">sector</span> <span word="must">must</span> <span word="speed">speed</span> <span word="up">up</span>.</p>
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