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China empowers local governments to adjust property rules to stabilize housing and aid economic recovery.
China plans to give local governments more power to adjust property purchase restrictions, aiming to stabilize the real estate market and boost economic recovery.
This city-specific strategy includes potential mortgage rate cuts and efforts to leverage land resources and expand facilities for subsidized housing.
These measures are designed to increase consumer confidence and spending, crucial for China's economic recovery.
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China faculta a los gobiernos locales para ajustar las normas de propiedad a fin de estabilizar la vivienda y ayudar a la recuperación económica.