China eyes more property prop up

Stimulating self-use housing demand and strengthening low-cost housing construction will continue to be the government's major focus in stabilizing the property market next year, experts said.

"How to maintain a steady property market will be definitely a big concern for the government, especially at a time when the country's economy is facing a growing risk in sliding down," said Qin Xiaomei, research chief at CB Richard Ellis' Beijing branch.

"As far as we know, measures to further stimulate the self-use housing demand may be a topic in the ongoing Central Economic Work Conference."