date:Aug 11, 2014
l, Yang said.
The cooling housing market would also be conducive to ensuring steady consumer prices, he added.
Residential prices, which cover those for rent, utilities and building materials, grew by 2 percent year on year amid a weakening property sector.
NBS data showed that growth in property development investment slowed to 14.1 percent in the first half from 20.3 percent in the same period of 2013, and housing sales dropped 6 percent year on year in the first six months.