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COPYRIGHT 2006 Asia Pulse Pty Ltd
BEIJING, May 31 Asia Pulse - The importance of urban housing in the country's next stage of development has been starkly illustrated by recent strong measures to cool down the overheated sector.
The effort is primarily focused on a few cities Beijing, Shanghai and some in the Pearl River Delta, the nation's largest manufacturing base. In the first quarter this year, house prices jumped 15 per cent in the capital and 35 per cent in Shenzhen, a booming city in Guangdong Province....
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