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China: High-rise Buildings in Beijing

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Haidian District, Beijing, China - May 11, 2024

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High-rise buildings are pictured from the 238-meter-high Central Television Tower in Beijing, China, May 11, 2024. According to reports, on May 9, Hangzhou and Xi 'an announced that they would completely cancel the purchase restriction policy of the property market. At present, the provinces or cities that still retain housing purchase restrictions in the country, in addition to the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, only Hainan Province and Tianjin are still in a state of partial release of purchase restrictions, and second-tier cities have basically eliminated restrictions.

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