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CN Housing Minister Plans to Advance Existing Home Sales System to Guarantee Buyers Get What They See
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Ni Hong, China's Minister of Housing and Urban-Rural Development, recently said in his signed article that reforms should be made to improve the systems for real estate development, financing, and sales. For commercial housing, the existing home sales system should be advanced to ensure that buyers will have what they see after purchase and to fundamentally prevent delivery risks. For projects that continue to adopt pre-sales, the supervision of pre-sale funds must be standardized to safeguard buyers' rights and interests. AAStocks Financial News |
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