Vanke to build cheap homes
By Hu Yuanyuan | China Daily | Updated: 2011-04-12 08:01
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A booth of China Vanke Co Ltd at a property expo in Beijing. The company on Monday signed a deal with the department of housing and urban-rural development of Hebei province to build between 6,000 and 8,000 government-subsidized apartments in the province. Zhan Min / For China Daily |
BEIJING - China Vanke Co Ltd will strengthen the development of government-subsidized housing as part of its strategy to cope with the rigorous tightening measures in the real estate sector.
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