The Shanghai Municipal Housing Authority Tuesday said that people won’t be allowed to buy more than one apartment in the city unless they’re registered as residents of the city.
Foreign investors are allowed to own 100% of businesses operating in the Chinese medical sector and heavy industry, after new rules came into force last month.
Land transfer fees shrank significantly in January, the Securities Times reported, as year-old restrictions on real estate sales eat into cities' fiscal revenue.
Zhang Renliang, the former deputy party secretary and district head of Shanghai's Jing'an District was appointed as the new deputy party secretary of the prefectural party committee of Kashgar.