China's property regulation policies "carried out well"

 BEIJING, Aug. 17 (Xinhua) -- China's property regulation measures have been "carried out well" by local authorities and speculative¹ housing demand has been curbed², according to the results of a State Council inspection³ announced late on Friday.

The inspectors⁴ also found problems that need "particular attention," including recent property price rises, intermittent⁵ easing policies at the local level, low fulfillment of housing land supply and weak market supervision⁶ in some cities.

In July, the cabinet sent eight teams to inspect the implementation⁷ of property regulation policies by local authorities. The teams went to 16 cities and provinces, to assess how well the central government's housing purchase limit policies and differential credit policy have been carried out, and check the supply and management of residential⁸ land and the implementation of tax policies.

The municipalities and provinces include Beijing, Tianjin, Shanghai, Chongqing, Hebei, Jiangsu, Zhejiang and Fujian.

The inspectors have recommended rectification⁹ measures to local governments. Some problems have already been solved and some are being addressed, according to a statement showing the results.

The inspection further indicated the central government's determination to cool the property market, and the central authorities will improve regulation on the basis of the results, said the statement.

New price-control measures may soon hit China's property market, which has just begun to show signs of a rebound¹⁰ following government measures to stimulate¹¹ the slowing economy, analysts¹² and industry insiders have said.

It is widely expected that new cooling measures will be unveiled before September or October, the country's traditional peak season for home sales.

In some Chinese cities, the need for tighter controls could be pressing, as prospective¹³ home buyers that chose to wait due to a tightening¹⁴ market started rush-buying following two interest rate cuts in June and July, which were targeted at boosting the economy but triggered expectations of a warming property market.

In July, average new home prices in 100 major cities rose for the second consecutive¹⁵ month, by 0.33 percent month on month, data from the China Index Academy showed.

China has tightened¹⁶ its curbs¹⁷ on the property sector¹⁸ since 2010, as home prices rocketed beyond the reach of average wage earners.

The government has restricted home purchases in several cities while requiring higher down payments and introducing property taxes. The clampdown has gradually cooled the market.

Many local governments issued clear targets in home price control in 2011, but few goals were declared this year. Some of them even "fine-tuned" their property policies in the wake of weakening local economies.

China's economy grew 7.6 percent in the second quarter, the lowest level in more than three years, sparking speculation¹⁹ that the central government might ease property curbs to shore up growth.

1 speculative   

adj.思索性的，暝想性的，推理的

参考例句：

• Much of our information is speculative.我们的许多信息是带推测性的。
• The report is highly speculative and should be ignored.那个报道推测的成分很大，不应理会。

2 curbed   

v.限制，克制，抑制( curb的过去式和过去分词 )

参考例句：

• Advertising aimed at children should be curbed. 针对儿童的广告应受到限制。 来自辞典例句
• Inflation needs to be curbed in Russia. 俄罗斯需要抑制通货膨胀。 来自辞典例句

3 inspection   

n.检查，审查，检阅

参考例句：

• On random inspection the meat was found to be bad.经抽查，发现肉变质了。
• The soldiers lined up for their daily inspection by their officers.士兵们列队接受军官的日常检阅。

4 inspectors   

n.检查员( inspector的名词复数 )；（英国公共汽车或火车上的）查票员；（警察）巡官；检阅官

参考例句：

• They got into the school in the guise of inspectors. 他们假装成视察员进了学校。 来自《简明英汉词典》
• Inspectors checked that there was adequate ventilation. 检查员已检查过，通风良好。 来自《简明英汉词典》

5 intermittent   

adj.间歇的，断断续续的

参考例句：

• Did you hear the intermittent sound outside?你听见外面时断时续的声音了吗？
• In the daytime intermittent rains freshened all the earth.白天里，时断时续地下着雨，使整个大地都生气勃勃了。

6 supervision   

n.监督，管理

参考例句：

• The work was done under my supervision.这项工作是在我的监督之下完成的。
• The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。

7 implementation   

n.实施，贯彻

参考例句：

• Implementation of the program is now well underway.这一项目的实施现在行情看好。

8 residential   

adj.提供住宿的；居住的；住宅的

参考例句：

• The mayor inspected the residential section of the city.市长视察了该市的住宅区。
• The residential blocks were integrated with the rest of the college.住宿区与学院其他部分结合在了一起。

9 rectification   

n. 改正, 改订, 矫正

参考例句：

• The process of producing a shift of the average value is called rectification. 产生平均值移动的过程叫做整流。
• This effect, in analogy to its radiofrequency counterpart, is known as optical rectification. 同它的射频对应物相仿，这种现象称为光学整流。

10 rebound   

v.弹回；n.弹回，跳回

参考例句：

• The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
• Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。

11 stimulate   

vt.刺激，使兴奋；激励，使…振奋

参考例句：

• Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
• Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。

12 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

13 prospective   

adj.预期的，未来的，前瞻性的

参考例句：

• The story should act as a warning to other prospective buyers.这篇报道应该对其他潜在的购买者起到警示作用。
• They have all these great activities for prospective freshmen.这会举办各种各样的活动来招待未来的新人。

14 tightening   

上紧，固定，紧密

参考例句：

• Make sure the washer is firmly seated before tightening the pipe. 旋紧水管之前，检查一下洗衣机是否已牢牢地固定在底座上了。
• It needs tightening up a little. 它还需要再收紧些。

15 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

16 tightened   

收紧( tighten的过去式和过去分词 )； （使）变紧； （使）绷紧； 加紧

参考例句：

• The rope holding the boat suddenly tightened and broke. 系船的绳子突然绷断了。
• His index finger tightened on the trigger but then relaxed again. 他的食指扣住扳机，然后又松开了。

17 curbs   

v.限制，克制，抑制( curb的第三人称单数 )

参考例句：

• In executing his functions he is not bound by any legal curbs on his power. 在他履行职务时，他的权力是不受任何法律约束的。 来自辞典例句
• Curbs on air travel were being worked out and would shortly be announced. 限制航空旅行的有关规定正在拟定中，不久即将公布。 来自辞典例句

18 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

19 speculation   

n.思索，沉思；猜测；投机

参考例句：

• Her mind is occupied with speculation.她的头脑忙于思考。
• There is widespread speculation that he is going to resign.人们普遍推测他要辞职。