Beijing will issue its tenth industry-specific stimulus plan for the property sector instead of the energy sector, a former vice-chairman of the Standing Committee of the National People's Congress said.

Cheng Siwei, the dean of the management faculty of Graduate University of the Chinese Academy of Sciences, was quoted by Nanfang Daily as divulging the plan on Saturday in a seminar organised by the university on how the mainland should cope with the financial crisis.

South China Morning Post