Ministry vows to curb speculation in the land market

14:55, March 05, 2010      

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Xu Shaoshi, Miniter of Land and Resources, Wednesday urged relevant authorities to released policies to further regulator residential land supply and development, indicating that the inspection into land for residential housing will start on schedule.

Before the Spring Festival, Xu stated at a conference that the Ministry would address on land hoarding and speculation issues. Just after the Spring Festival holidays, the Ministry of Land and Resources (MLR) reiterated land resource management, showing its determination to reinforce land market regulation and control.

The MLR will focus on the disclosure of data for land market dynamic monitoring, and tracking the development of key projects.

"We will timely releases related information to the public," said Liao.

By People's Daily Online

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