Beijing will ease home purchase requirements for families without Beijing household registration by reducing the required period of social security or individual income tax payments from two years to one year for buying commercial housing within the Fifth Ring Road, local authorities announced on Friday.

Beijing will ease home purchase requirements for families without Beijing household registration by reducing the required period of social security or individual income tax…

The new policy package includes lowering social insurance and income tax payment requirements for non-local families who want to buy homes in the city’s central districts and…