China will start the construction of around 6 million low-income housing units next year, Minister of Housing and Urban-Rural Development Jiang Weixin said on November 12.
China plans to build more than 7 million government-subsidized units this year as part of its five-year plan to offer 36 million such affordable homes by 2015 in a bid to make housing accessible for low-income families.
"We haven't encountered major financial problems concerning the project," Jiang said.
The minister also said the government will see to it that low-income housing is fairly distributed. |