外文文献：中国地产市场存在的问题与展望.pdfVIP

The Problems of and Prospects for the China Property Markets Nell S Y Chang Mackintosh School of Architecture, the Glasgow School of Art, 167 Renfrew Street, Glasgow, United Kingdom G3 6RQ Timothy M Havard Circle Software Ltd., 2/6 Granard Business Centre Bunns Lane, Mill Hill, London NW7 2DQ, United Kingdom Abstract Economic reform in China has continued for more than 25 years since 1978. The property market emerged in April 1988 when the PRC Constitution was revised to allow the transfer of the land use right. There is evidence showing the Chinese authorities’ determination in transforming the property market into a market-oriented system. The transformation is startling and dynamic. Subsidy, provident funds and housing allowances have been employed to help to increase affordability for the people. In 2002 the authorities removed the differentiation of internal and external markets and price control in the internal market ceased. It is open to question whether the current market is mainly influenced by the supply and demand factors. This research investigates the Beijing developers’ perceptions of the China property market. The research reveals the unique problems faced by Beijing property developers in the operation of this new market. The findings come from in-depth interviews of 15 professionals representing 13 Beijing Developers. The fact that nearly half of the Beijing professionals believe the China property market is an open market yet half believe it is not, might reflect the actual development stage of the market. Major problems include: the land allocation in which som