China's property market showed further signs of recovery in August, with new home prices in first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- edging up on a monthly basis and declines narrowing in lower-tier cities, according to the latest official data released by the National Bureau of Statistics (NBS) on Tuesday.
New home prices ticked up 0.1 percent in first-tier cities on a monthly basis, an improvement from the flat numbers in July, while lower-tier cities narrowed their declines.
As for pre-owned homes, first-tier cities also outperformed with a small price increase, while price declines in second- and third-tier cities eased to minus 0.3 percent.
Shanghai remained the best-performing city across the country, with prices rising overall, its new home prices even surged three percent from a year ago.
Tuesday's data pointed to further signs that China's property market is bottoming out, as the government maintains its city-specific policy approach, adjusting and optimizing real estate policies, working down inventory and pushing ahead with urban renewal.
Top-tier cities see home prices edge up month on month in August
History cannot be distorted and the historical truths must be conveyed to young Japanese people to avoid repeating the same mistakes, said former Japanese Prime Minister Yukio Hatoyama in Beijing on Tuesday.
"Japanese schools rarely teach the history of war. As a result, an increasing number of young people are unaware of these facts. Japan once invaded China and colonized the Korean Peninsula. It is worrisome that more and more young people are unaware of these facts. I believe this is a very serious issue. Our generation should clearly convey the historical truth to young people, clearly and firmly explaining the crimes and mistakes Japan committed in the past, so that they understand these and we can prevent such mistakes from happening again," he said in an exclusive interview with China Radio International (CRI) on the sidelines of the ongoing Beijing Xiangshan Forum which opened on Tuesday.
The three-day Beijing Xiangshan Forum, themed "Build Consensus on Stability, Advance Security Governance Together", features four plenary sessions and eight parallel sessions.
Launched in 2006 as a "track-two" think-tank exchange, the Beijing Xiangshan Forum has expanded over the past two decades to bring together government officials, military leaders and scholars from around the world.
Japanese youths must be told historical truths to avoid making same mistakes: former Japanese PM
