The central government will resolutely carry out tightening measures in the property market to help prices return to "reasonable levels," Premier Wen Jiabao said.
Speaking to Chinese diplomats and business people during his visit to Russia on Sunday, Wen emphasized that curbing real estate prices is the Chinese government's firm policy.
"I will especially point out that there will not be the slightest wavering in the property-tightening moves, our target is for prices to return to reasonable levels," he said, adding that "in the past month we've started to see some shake-up in prices."
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