Analysis of the Real Estate Market in Chinas Past and Present

Abstract

The real estate sector, which plays a significant role in land financing and is a foundational sector of the Chinese economy, is very important. By primarily examining data from the China Statistics Bureau, the China Statistical Yearbook, and real estate-related statistics, this paper examines the present growth pattern of Chinas real estate business and highlights possible concerns in the current real estate industry. The real estate market is clearly in a downturn right now, but there are also hidden risks of overinvestment that might undermine the stability of the financial system. This is what this papers data investigation reveals. As a result, the economic growth model that relies heavily on land financing cannot continue, and appropriate regulatory changes are needed to lower the risks associated with potential hidden hazards in real estate. Finally, it is recommended that the government carefully regulate the real estate market and, in the future, promote high-tech companies and financial industries to lessen the countrys reliance on land financing.