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Chinese people’s housing conditions further improved during 2021-25 period: minister


An employee (left) talks about an under-construction real estate project to a visitor in Chongqing on Sept 16. SUN KAIFANG/FOR CHINA DAILY

BEIJING — China’s housing conditions have been significantly improved during the 14th Five-Year Plan period (2021-25), with cumulative sales of new commercial residential buildings reaching approximately 5 billion square meters of floor space, Minister of Housing and Urban-Rural Development Ni Hong announced at a press conference on Saturday.

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