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SOCIETY
THIS WEEK> THIS WEEK NO. 47, 2012> SOCIETY
UPDATED: November 19, 2012 NO. 47 NOVEMBER 22, 2012
Affordable Houses
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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.



 
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