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hat they may revive efforts to introduce long-delayed national real estate tax via trial. "The home market has remained sort of out of control; the wider the curbs, the more resilient the market becomes," Real estate, which is vital source of growth for Chinas economy, has bounced back quickly from the COVID-1 crisis. But relentless rise in home prices in big cities, which is now spilling over into nearby smaller ones, has raised concerns about overheating. Yang Kewei, research director at China Real Estate Information, said before the figures were released. "That' why trial of levy of home ownership may come sooner than expected, as stronger show of policy strength." Price gains accelerated across large and small cities as developers ramped up project launches during traditionally fast season for sales to recoup cash. Property sales surged 3 percent from year earlier, separate data release showed. Price growth was particularly acute in tier two regional centres, given their relatively looser restrictions and higher demand under further relaxing of centuries-old hukou residential permits. Cities that saw housing values climb one percent or more from March include Wuhan, the former epicentre of the coronavirus pandemic, and Haikou, the provincial hub of tropical Hainan. The Chinese government is anxious to prevent any grievances regarding housing affordability from spilling over into social instability as it grapples to keep the economy growing amid the coronavirus pandemic. Homes have become so expensive that Chinese couples are putting off having second child, undermining government efforts to boost the population, according to Beike Research Institute survey last November. 3 3 July 2 July 2 Visit us online: btianjin.cn/2 chinas biTcoin mines coulD Derail carbon neuTraliTy goals 3 3 July 2 July 2 In depth In China, most mines are located in resource-rich provinces like Inner Mongolia, Sichuan, Yunnan and Xinjiang, where ele