Text: | Print|

    Construction started on 5 mln affordable homes

    2013-08-10 09:21 Xinhua Web Editor: Gu Liping
    1

    China's affordable housing program is going smoothly as construction has begun on 5 million affordable housing units this year, latest data has showed.

    The number accounted for roughly 79 percent of the 6.3 million units planned for the whole year, the Ministry of Housing and Urban-Rural Development said on Friday.

    As of the end of July, construction had been nearly completed on 2.8 million units, and a total of 620 billion yuan (100.5 billion U.S. dollars) had been injected into the affordable housing program, the ministry said.

    The program, which was approved in 1999, is designed to provide cheaper housing to low-income families who have been edged out by runaway real estate prices.

    The government has vowed to build 36 million affordable housing units during the 2011-2015 period.

    Comments (0)
    Most popular in 24h
      Archived Content
    Media partners:

    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 浦城县| 连州市| 长春市| 溧阳市| 政和县| 广平县| 南昌市| 临颍县| 双桥区| 鹤峰县| 赫章县| 丰顺县| 平昌县| 牟定县| 越西县| 舒城县| 马边| 息烽县| 无为县| 黄陵县| 郑州市| 博客| 定安县| 东丽区| 石门县| 延川县| 秦皇岛市| 奇台县| 新巴尔虎右旗| 宿迁市| 利川市| 札达县| 保亭| 高碑店市| 太和县| 平顶山市| 彭山县| 甘洛县| 开江县| 宜城市| 项城市|