[photopress:Zeng_Peiyan.jpg,full,alignright]Chinese Vice Premier Zeng Peiyan has said house prices are still rising at a fast pace in some Chinese cities and the government should continue efforts to enforce its macro-control policies on the property market. He also said the government should strive to adjust the structure of the housing supply and ensure housing for low-income families and that earlier macro-control policies have not been fully enforced and the market order should be further rectified.
The Construction Ministry, along with several other central departments, sent teams of high-level officials to eleven provinces, municipalities and autonomous regions in late September to investigate how local governments have implemented its macro control policies aimed at cooling down the property market.
Source: Xinhua News Agency