A total of 5.05 million affordable housing units were completed in China in the first 10 months of the year, achieving the annual target of 5 million two months ahead of schedule, the Ministry of Housing and Urban-Rural Development said Thursday.
Jiang also warned Monday against capital and quality problems during the construction of government-subsidized homes.
Although capital-related problems have not occurred so far during the mass construction project, it does not mean such problems will not occur in the future, Jiang said.
"The financing capabilities, supervision and follow-up management of government-subsidized homes calls for a more stringent system," Zhang from Homelink said.
Liu Jinxiang, a 28-year-old resident of Dezhou, East China's Shandong Province, said he had waited for more than a year to be granted a government-subsidized home and hoped the government could simplify the existing application procedures.
"The distribution measures should also be amended to prevent local officials from taking advantage of loopholes to pad their own wallets," he said.
Responding to a question about China's property sales restriction policy, Jiang said at the press conference Monday that the country has no plan to ease the policy.
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