A residential project is seen in Shijiazhuang Cheap Lance Stephenson Jersey , Hebei Province. Housing markets in China’s first and selected second-tier cities are showing signs of cooling because of the effective implementation of the latest measures by local governments to curb speculation. — Xinhua Housing markets in China’s first and selected second-tier cities are showing signs of cooling because of the effective implementation of the latest measures by local governments to curb speculation.
The pace of the growth in new home prices in 15 major cities, including Shanghai, Beijing, Guangzhou and Shenzhen, slowed notably, or even fell Cheap Kris Dunn Jersey , in the first half of October compared with September, the National Bureau of Statistics, which tracks housing prices in new and pre-owned markets across 70 cities, said yesterday.
Of the 15 cities, new home prices in Wuxi, Beijing Cheap Zach LaVine Jersey , Hefei and Zhengzhou rose 4.4 percent, 1.2 percent, 1 percent and 4.3 percent, respectively, in the first half of this month from the same period a month earlier. But their gains slowed notably from their monthly growth of 8.2 percent, 4.9 percent Cheap Jimmy Butler Jersey , 4.6 percent and 7.6 percent in September.
In Shanghai, home prices went up 0.7 percent for the first half of October, moderating from the 3.2 percent gain seen in September.
“We have seen positive changes recently in the country’s first and selected second-tier cities following a new round of targeted measures by local governments to cool their overheated property markets,” said Liu Jianwei, the bureau’s senior statistician. “In particular, Shenzhen and Chengdu both saw their prices fall by 0.3 percent and 0.1 percent while the pace of growth slowed ranging from 1 to 3.8 percentage points in the remaining 13 cities.”
Local governments across the country have tightened measures over the past few months by either limiting the number of homes people are eligible to buy or raising the down payment as rising home prices could create a property bubble threatening the country’s economy. Since September Wholesale Minnesota Timberwolves Jerseys , more than 20 cities have unveiled new policies to combat soaring home prices.
As the pace of price rises slowed, buying sentiment has also been curbed effectively, the bureau said.
Transactions of new homes in most of the first and selected second-tier cities declined significantly in the first half of October from the same period a month ago. Four cities suffered a month-on-month plunge of between 60 percent and 80 percent and three cities posted a decline of between 40 percent and 60 percent, according to the bureau.
In the short term, the biggest unknown remains the effect the government’s efforts to curb home prices will have on economic growth, as the property sector affects industries ranging from construction and cement to furniture.
As overall property market sentiment and demand were strong before recent tightening measures took effect Wholesale Timberwolves Jerseys , sales growth is expected to decelerate but not contract in the next couple of months, UBS China economist Wang Tao noted.
BEIJING, May 25 (Xinhua) -- Black holes in space remain a mystery. One of their many secrets is why they get "angry". China will soon launch a space telescope in a bid to find out.
The Hard X-ray Modulation Telescope (HXMT), developed by Chinese scientists, will observe the black holes and neutron stars.
"Black holes will be the focus of our observation since they are very interesting, and can generate various types of radiation Cheap Minnesota Timberwolves Jerseys , including X-rays and high energy cosmic rays, as well as strong jets," says Zhang Shuangnan, the lead scientist of HXMT and director of the Key Laboratory of Particle Astrophysics at the Chinese Academy of Sciences (CAS).
Scientists are curious about what the black holes are doing. So far about 20 black holes have been found in our galaxy. "We hope our telescope can discover more black holes. We also hope to better observe the black holes already discovered," says Zhang.
A black hole is a region of spacetime showing such strong gravitational effects that nothing - not even particles and electromagnetic radiation such as light - can escape from inside it.
There are two kinds of these "space monsters": black holes of stellar mass and supermassive black holes. Black holes of stellar mass are thought to form when massive stars collapse at the end of their lifecycle.
After a black hole forms, it can continue to grow by absorbing mass from its surroundings. Some scientists believe that by absorbing gas and other stars and merging with other black holes supermassive black holes of millions of solar masses may form. There is general consensus that supermassive black holes exist in the centers of most galaxies.
Black holes are key to understanding the origins of time and nature of space and the ultimate destiny of the universe Cheap Timberwolves Jerseys , scientists say.
Despite its invisible interior, the presence of a black hole can be inferred through its interaction with other matter and with electromagnetic radiation.
Matter that falls into a black hole can form an external accretion disk heated by friction, forming some of the brightest objects in the universe.
The first black hole was discovered in 1972. Named Cygnus X-1, it is about 6,000 light-years from Earth and is a strong X-ray source.
"If a black hole does nothing, it cannot be found. But if matter falls into a black hole Wholesale Anthony Brown Jersey , it is accelerated and heated during the process, emitting X-rays. Scientists may get to understand the characteristics of black holes through the X-rays," Zhang says.
Some times a black hole is calm, but other times it's very "bad tempered." When a black hole gets "angry", it generates very strong X-rays or gamma ray bursts or jet-flows, Zhang says.