China to boost public housing investment

China will step up investment in public housing and ensure that construction quality meets standards, Minister of Finance Xie Xuren said.

"China will make sure that construction proceeds at a reasonable pace," and that quality and safety are assured, Mr. Xie said in remarks posted on the ministry's website on Wednesday.

Timely payments on construction work are a priority for the government, Mr. Xie said while on an inspection tour ...

Source: WallStreetJournal.com