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Among China's 70 major cities, five-Tianjin, Xiamen, Shenzhen, Jinhua and Wenzhou-saw prices drop for new properties in November compared to October.
Amid downward pressure, monetary policy will focus more on maintaining stable economic growth, which needs to balance deleveraging with credit policies. "The Chinese economy will continue to demonstrate strong resilience and the government has enough policy tools ... to maintain stable growth momentum," Pan said.

Amazon’s stock is up nearly?than 50?percent in the past year.
Americans are spending more time price comparing goods while browsing the aisles at brick-and-mortar retail stores, using their smartphones to gather more information.
Amid mounting fears over the specter of escalating trade tensions haunting the global economy, China's role as a visionary leader of open and free trade is taking on a new significance, an expert said.
来源:资阳报