china allocates ¥1158bn affordable housing subsidy
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

China allocates ¥115.8bn affordable housing subsidy

Egypt Today, egypt today

Egypt Today, egypt today China allocates ¥115.8bn affordable housing subsidy

Beijing - XINHUA

China's central government plans to spend 115.8 billion yuan (18.8 billion U.S. dollars) on affordable housing this year, according to a report in Sunday's 21st Century Business Herald. The special fund includes subsidies for low-rent housing, public rental departments and shanty-town renovation. The figure is an increase of 14.3 percent from the money channelled to those programs last year, said the paper. Subsidized housing programs have been high on the government agenda in recent years as skyrocketing home prices in major cities have pushed many out of the market. The government work report released earlier this year pledged to improve the affordable housing system and set a target to begin construction on more than seven million units, including 4.7 million for people living in shanty shelters.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china allocates ¥1158bn affordable housing subsidy china allocates ¥1158bn affordable housing subsidy



 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday