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SOCIETY
THIS WEEK> THIS WEEK NO. 52, 2013> SOCIETY
UPDATED: December 23, 2013 NO. 52 DECEMBER 26, 2013
Housing Projects
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(WANG BO)

Affordable houses under construction in Xining, capital of northwest China's Qinghai Province.

China began construction of 6.66 million affordable housing units this year and had already completed 5.44 million within the first 11 months, meeting targets ahead of schedule. Investment in affordable housing during the period reached 1.12 trillion yuan ($183.23 billion).

A total of 36 million affordable housing units will be built from 2011 to 2015. The plan includes renovations in run-down neighborhoods.



 
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