Beijing real estate enterprises under audit

File photo.

(ECNS) -- The Beijing Audit Bureau has begun examining some accounts of local real estate enterprises to determine their profits, a precursor to new measures to tame the local property market, according to the Guangdong-based 21st Century Business Herald.

The newspaper cited a real estate insider as saying that members of the Beijing Audit Bureau had already entered the city's real estate enterprises and begun carrying out audits.

Some housing projects in Beijing's Dongcheng and Xicheng districts have been chosen by the bureau, it added.

Although the insider didn't reveal the purpose of the audit, the newspaper concluded that it was a preliminary investigation ahead of measures to tame Beijing's property market.

The newspaper cited another insider close to the Housing and Urban-Rural Development Ministry, who said that curbing housing inflation in big cities like Beijing, Shanghai and Shenzhen is a special focus of the central government.

The city government said last month that special government-built "self-living" houses are to be introduced to the public by the end of 2014, as a new measure to stabilize house prices.