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China expects steady, sound growth of real estate

Updated: Mar 15,2015 11:19 AM     Xinhua

Premier Li Keqiang meets journalists from home and abroad at the press conference in Beijing on March 15.

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BEIJING — Premier Li Keqiang said on March 15 that he hopes to see “there will be steady and sound growth of China’s real estate market in the long run.”

He said the government encourages people to buy homes for their personal use or buy second homes.

Li made the remarks at a press conference after the conclusion of the annual legislative session.

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