July 30, 2009. The first plot of land in Beijing for policy-based rental housing - the Xierqi public rental housing plot - appeared on the website of the Beijing Land Consolidation and Reserve Center under the section of upcoming plots, and will be launched in August. The development and construction period of the Xierqi public rental housing project is 3 years. After completion, it will be purchased by the Municipal Housing and Urban-Rural Development Commission or other units commissioned by the government at a price of 5700 yuan per square meter. Recent college graduates, ...