Greentown China plans major land purchases in second half

A woman stands on an overhead bridge near the construction site of "Kaisa Plaza", then named "Changan No. 8" (L), on a hazy day in Beijing's central business district in this July 28, 2012 file picture. REUTERS/Jason Lee/Files

Property developer Greentown China plans to invest heavily inland in the second half of the year when competition from rivals is likely to recede, Chief Executive Cao Zhounan said on Thursday.

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