Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • A city of east-central China on the Chang Jiang (Yangtze River) south-southwest of Nanjing. Population: 551,000.

Etymologies

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Examples

  • The average sale price of homes in Wuhu city was 5,567 yuan per square meter last month, down 0.25% from a month earlier and 5.7% from the same period a year earlier, according to private-sector data provider, China Real Estate Index System.

    Chinese City Moves to Ease Property Policy

  • In a statement issued Thursday, Wuhu's municipal government said it is providing a 150 yuan-per-square-meter subsidy for new homes with a floor space of less than 70 square meters and a 50 yuan-per-square-meter subsidy for new homes between 70 and 90 square meters.

    Chinese City Moves to Ease Property Policy

  • It remains unclear whether move by the city of Wuhu has the central government's blessing but analysts said the city's measures, which were designed to support purchases of smaller-size apartments and property for self-use only, have the potential to be replicated by other cities.

    Chinese City Moves to Ease Property Policy

  • Reuters A worker rested on a heap of cotton at a cotton purchase station on Wednesday in Wuhu, China's Anhui province.

    Asia in Pictures

  • The city will also offer subsidies for home purchases by professionals with high qualifications ranging from 100 yuan to 300 yuan per square meter, the Wuhu government said, adding the measures took effect Jan. 1 and will last until the end of this year.

    Chinese City Moves to Ease Property Policy

  • Wuhu will also waive a tax on property transactions—the "deed tax," which is typically 1%-2% of a home's value—for home purchases, including homes in the secondary market.

    Chinese City Moves to Ease Property Policy

  • Wuhu's policy move hints at the urgent need of local governments to support the property market and the economy.

    Chinese City Moves to Ease Property Policy

  • Reuters A man sits at the doorway of his houseboat near a construction site for a residential complex in Wuhu last year.

    Wuhu Sob Story For China's Equity Investors

  • But on Saturday, with Beijing smarting, Wuhu made an abrupt about turn.

    Wuhu Sob Story For China's Equity Investors

  • On property, investors were cheered last Thursday when Wuhu, a town in eastern China, broke ranks from the two-year national clampdown on house prices and announced subsidies for home buyers.

    Wuhu Sob Story For China's Equity Investors

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