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China to increase housing supply this year: Premier Wen

(Xinhua)
Updated: 2010-02-27 16:45

Related readings:  Netizens question moderate increase on housing prices  Beijing calls off all favorable policies on housing purchases  Soaring housing market gets its wings clipped  China moves to curb housing prices amid bubble fears

Chinese Premier Wen Jiabao said Saturday that the Chinese government will build five million affordable houses and reconstruct two million shanty houses this year to ensure the healthy development of the country's property market.

Wen made the remark during an online chat with Internet users around the country and overseas at www.gov.cn and www.xinhuanet.com.

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