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Mayor: Shanghai to cool soaring property prices

China Daily | Updated: 2009-08-06 08:05

Mayor: Shanghai to cool soaring property prices

The city government plans to speed up construction of affordable housing for low income families in the second half. CFP

Shanghai will take steps to cool the city's real-estate market as housing prices in China's financial capital are "too high," Mayor Han Zheng said.

Mayor: Shanghai to cool soaring property prices

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