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2011 China Construction Funds of Protective Housing Will Exceed RMB$1.3 trillion Activating Building

2011-01-13

Ministry of Housing and Urban-Rural Development of the People’s Republic of China (MOHURD) released on Jan. 11 that China’s protection housing construction in 2011 aims at 10 million sets, increasing nearly double contrasted with 5.8 million sets in 2010. The construction funds of 10 million protection housing are estimated to exceed RMB$1.3 trillion, bringing building materials market a sequential activation.