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China's property sector shows positive change, minister says

ReutersMar 9, 2025 8:20 AM

- China's housing minister on Sunday said the country's property sector has shown positive change with market confidence improving.

The housing market in January-February maintained a positive trend of stopping declines and returning to stabilisation, Ni Hong said.

He also said the government will promote the purchase of existing housing and expand urban village renovation.

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