Economic Watch: China's property market sees promising signs as policy package kicks in

BEIJING, June 22 (Xinhua) -- Major Chinese cities have witnessed more signs of warming in the housing market since the government rolled out a combination of policies to prop up the property sector a month ago.

Improved buyer sentiments were observed in cities including Shanghai, Guangzhou, Chengdu, and Hangzhou with a significant increase in inquiries and deals. While the market response has been positive, anal