Briefly

Guangzhou ramps up support for real estate

Guangzhou, Guangdong province, will offer subsidies to residents who buy a new home and sell an existing one, as the metropolis moves to support housing demand and stabilize its property market. The city has issued a package of eight measures, such as raising housing provident fund loan limits. Residents who buy a newly built commercial home by Dec 31 and sell a pre-owned home in the city within 12 months of the purchase registration date, may apply for the subsidy.

Logistics sector sees steady growth in Q1