China has adjusted the setup of foreign investment in the real estate market
Date: 13:03, 28-08-2015.
Almaty. August 28. Silkroadnews - China has lowered the threshold for foreign investment in domestic real estate market. This was stated in the statement of the Ministry of Commerce of China, reports Xinhua news agency.
The statement noted that the branches of foreign institutions, working or studying in China, and foreigners can buy commercial office and residential premises for the departmental or individual use.
China has also eased restrictions on the creation of authorized capital in the real estate enterprises with foreign investments.
The current correction is designed to promote stable and healthy development of the Chinese real estate market.
