BIZCHINA / Center |
Subsidized homes top priority of central gov'tBy Li Fangchao (China Daily)
Updated: 2007-08-14 09:50 Families to be included in the low-rent system will be decided by local governments with reference to per capita discretionary income and housing standards. The circular also tightens management of the economically affordable housing system, a policy to provide fairly cheap houses with government subsidizes. The circular also called for a speed up in the renovation of urban shanties to ensure shelter for the poor and floating population. James Jao, chief executive officer of J.A.O. Design International Architects & Planners Ltd, said the circular was a "positive move" as it "actively resolves housing difficulties". "Government intervention is imperative to provide housing, especially for the poor," he said. He suggested the establishment of a special government organ to deal exclusively with housing problems. Zhao Xiao, an economist with the University of Science and Technology Beijing, said construction of a large number of low-rent houses implies an "unbalanced income distribution system", which should also be addressed. Agencies contributed to the story |
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