indemnificatory

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In spite of some impact on elevator market caused by the country's macro-control on real property, the implementation of new-style urbanization policies, large-scale construction of indemnificatory housing and rapid development of public transportation in medium and large cities in China slowed the decline of elevator sales in commercial housing market to a certain extent.
In 2011, the demand from the downstream indemnificatory housing construction offset adverse effects of the real estate downturn, thus China's elevator production continued to lead the world by climbing 23% YoY to 450,000 units.
Professor Cheung will also take the opportunity to visit the Hongqiao Comprehensive Transportation Hub, the Shanghai Municipal Transport Information Centre and the Pudong Sanlin indemnificatory housing area, and will exchange views with the relevant municipal officials.
During the "Twelfth Five-year Plan" period, China will focus on promoting the construction of indemnificatory housing.
In 2012, China will continue to increase the control of the real estate industry, and the import environment of wood will face multiple tests; however, the termination of the USA's anti-dumping and anti-subsidy investigation and the further implementation of indemnificatory housing construction will bring about certain benefits to the wood flooring industry.
Indemnificatory housing will be a future growth engine.
The extent of the real estate decline in 2012 will mainly depend on three factors: the first is the extent of the decline in real estate investment; the second is the hedging efforts of indemnificatory housing investment; the third is to what extent can financial risks in real estate be released.
Other key economic drivers include the Grand Western Development Program, urbanisation, development of low-carbon technologies, policy of indemnificatory apartments, environmental protection, and reform of income distribution system.
Relevant statistics show that, in the upcoming 10 years, China's new demand for residences (including indemnificatory apartments) is about 15.
2 Government's complete policy on indemnificatory housing
In particular, the construction progress of indemnificatory housing was slow in 2011 H1, and the construction progress was expected to accelerate in 2011 H2, which would prompt rapid growth of cement production and marketing.
30, 2014 /PRNewswire/ -- The accelerating urbanization, large-scale construction of indemnificatory housing and rapid development of public transportation in large and medium-sized cities in China slow the decline of elevator sales in commercial housing market to a certain extent.