Cities called key to growth


English.news.cn   2012-03-18 09:54:29             
By Lan Lan and Wei Tian
BEIJING, Mar. 18 (Xinhuanet) -- Urbanization will be a major feature of China's economic growth and continue to gain momentum, Liu He, Party chief of the Development Research Center of the State Council, said on Saturday.
At the China Development Forum 2012, economists said that China urgently needs to step up its economic restructuring, noting that urbanization and further reform of the nation's distribution system will speed up the process.

Home prices in most Chinese cities stop growing in Feb.


English.news.cn   2012-03-18 10:20:09
 
 Photo taken on Feb. 9, 2012 shows a newly-built real estate project in Sanya, south China's Hainan Province.  (Xinhua/Chen Wenwu)
BEIJING, March 18 (Xinhua) -- New home prices ceased growing in most of 70 major Chinese cities in February, the National Bureau of Statistics (NBS) said Sunday.