List of Sixty Centrally-owned Enterprises Involved in Real Estate Revealed

Sixty central-owned enterprises have been exposed by the media to have been involved in the real estate market, among which, at least 20 enterprises, including China Nuclear Engineering and Construction Corporation, China General Technology (Group) Hold Co.Ltd and China Agricultural Development Group, have subsidiaries who are focused on property development. It was also reported that some of the above enterprises are still developing real estate programs and are "unclear how to exit" the industry.

Source
China Economic Times

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