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Shanghai's latest policy measures on homebuying, including a subsidy of 200 million yuan ($29.75 million) for new purchases, will work together with existing measures to better tap into diversified residential needs and further consolidate the local housing market, industry experts said while studying the policy on Thursday.
Editor's note: As protection of the planet's flora, fauna and resources becomes increasingly important, China Daily is publishing a series of stories to illustrate the country's commitment to safeguarding the natural world.
