The Upper Limit on Land Prices Removed in Many Cities

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Credit: Visual ChinaBEIJING, October 20 (TMTPost) -- It was reported on Tuesday that at the end of September, the Ministry of Natural Resources issued a document to the natural resources authorities of various provinces and cities, which included recommendations to eliminate price restrictions on land auctions and to remove the 1.0 floor area ratio limit in suburban areas.Oversupply in the land market, with dim enthu