Business / Economy

China expects steady, sound growth of real estate

(Xinhua) Updated: 2015-03-15 11:12

China expects steady, sound growth of real estate

Premier Li Keqiang greets journalists upon arriving at his press conference after the closing meeting of the third session of China's 12th National People's Congress (NPC) at the Great Hall of the People in Beijing, March 15, 2015. [Photo by Wang Jing/chinadaily.com.cn]

BEIJING - Premier Li Keqiang said on Sunday that he hopes to see "there will be steady and sound growth of China's real estate market in the long run."

He said the government encourages people to buy homes for their personal use or buy second homes.

Li made the remarks at a press conference after the conclusion of the annual legislative session.

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