China property: Hangzhou, the headquarters of Alibaba and Geely, mulls buying unsold homes to boost market

The procurement process will run from May 15 to May 24, and the total floor area to be bought will be capped at 10,000 square metres, the bureau said, adding that the selected developers will not be allowed to sell on the open market. The Housing and Urban-Rural Development Bureau of the…#hangzhou #zhejiang #politburo #yanyuejin #shanghai #alibabagroupholding #chengdu #sichuan #linan #statecouncil
Source: Reuters: Health - Category: Consumer Health News Source Type: news