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China to build rental housing in suburbs

Pilot programmes being kicked off in 13 major cities to address housing supply shortage in megacities

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A worker at a Beijing construction site. The move to boost rental supply comes as China seeks to contain bubble risks in its hottest markets.

Beijing

CHINA will launch pilot programmes in 13 major cities, including Beijing and Shanghai, to build rental housing projects in rural areas as part of efforts to ease a housing supply shortage, the land ministry said on Monday.

That would enable megacities such as the capital

sentifi.com

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