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So far, China's macro economy hasn't been affected by the property market curbing policy. Investment in the property market kept to a growing trend in June, and the macro economy is also keeping to an upward trend.
Analysts say because the positive fiscal policy and moderately loose monetary policy haven't changed, the overall economy won't be affected. Currently, the government is focussed on making sure there's no sudden drop in the housing market.
The Ministry of Housing and Urban-Rural Development says the central government has distributed 60 billion yuan for affordable housing construction. And that investment will provide growth momentum for the real estate market.