There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation. On May 11, Suzhou tightened housing policies further, China Daily ea rlier reported. The down payment ratio for a family’s first home purchase has been rais ed from 20 percent […]

In the years since, the country has continued to maint

tain a breakneck pace of economic development, which has brought booming economic prosperity. Unfortunately, it has also brought a deteriorating environment. Seeing heavy smog, for ex ample, many people feel that a worsening environment will destroy the happiness brought by economic growth. Since 2012, the new leadership under President Xi Jinping has put forward a […]