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Letzte Aktualisierung: January 13, 2022

Million social housing units planned

China plans to build a total of 6.5 million affordable rental apartments in 40 major cities by 2025. The Ministry of Housing and Urban-Rural Construction made the announcement on Tuesday. These apartments are expected to account for about a quarter of all new housing in the cities in question and benefit 13 million young people and newcomers, Bloomberg reports.
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