China Tells

China’s production of houses has been increasing at least as rapid as the economic growth in the past decade. However, the proportion of economic housing space, which is supposed to be supplied to those who are unable to afford to a house, has continued to decrease on a proportional basis. According to the data from CEIC, the total floor space constructed has increased from around 100 million square meters in 1996 to about 500 million square meters in 2008. However, the proportion of social economic housing space has gone down from 25% to 5%. It seems that the government is looking into this issue and is likely to come up with some proposal to address it in the near future.

中国在过去10年建了很多住房,几乎每年都增加.但是与之相比,经济廉租房的建设相对就要迟缓很多.在总住房的建设面积中,经济廉租房的比例一路下滑,从25%下降到5%.政府可能已经意识到这个问题,并且发出号召,要增加经济廉租房的建设,让更多的穷人有房子住.