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China strives to develop its housing rental market with more preferential policiesChina will launch a pilot program in 13major cities,including Beijing,Shanghai and Guangzhou,to build rental housing on rural land in an attempt to increase rental housing supply,the authorities announced on August 28.Nanjing,the capital city of east China’s Jiangsu Province,has become the second city in China after Guangzhou to grant equal rights to home renters and buyers,according to an announcement from the local government on August 18.
China strives to develop its housing rental market with more preferential policies China will launch a pilot program in 13 cities, including Beijing, Shanghai and Guangzhou, to build rental housing on rural land in an attempt to increase rental housing supply, the authorities announced on August 28 .Nanjing, the capital city of east China’s Jiangsu Province, has become the second city in China after Guangzhou to grant equal rights to home renters and buyers, according to an announcement from the local government on August 18.