SHANGHAI -(Dow Jones)- Chinese Premier Wen Jiabao said the country can keep its inflation at reasonable level and the inflationary growth has slowed down since November, state radio reported Sunday.
Wen also said he’s confident to curb China’s property prices to reasonable levels and the country will build more houses for low-income earners, according to the radio.
Beijing has introduced a series of measures since April to curb rising housing prices, including asking banks in September to stop issuing mortgages to home buyers that already own two or more properties.
-Wang Ming contributed to this article, Dow Jones Newswires; (86-21) 6120-1200; ming.wang@dowjones.com
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