China To Spend Over 4.8 Billion Dollars In Building Low-rent Housing

SHENYANG, CHINA - MARCH 11: (CHINA OUT) A woman washes clothes beside a railway at a shanty town where residents will move into low-rent apartments provided by the government on March 11, 2009 in Shenyang of Liaoning Province, China. Qi Ji, Vice Minister of Housing and Urban-Rural Development said today during a press conference of the National People's Congress (NPC) that, China plans to spend 33 billion yuan (about USD 4.82 billion) this year in building low-rent housing to solve the housing problems for low-income families. (Photo by China Photos/Getty Images)