Real Estate Industry In China Research Articles

Analysis of the Situation of Real Estate Industry in China and the United States Based on Behavioral Economics

In recent a few years, the rapid development of Chinese real estate industry brought a wave of unprecedented prosperity to the Chinese economy, making it jump fast to the second highest in the world in a short time. In our opinion, although this economic cycle seems to be a Kuznets cycle, it is still different from the classical theory put forward by Simon Kuznets when we use the theory of behavioral economics to analyze. The purpose of this article is to analyze the causes and effects of this economic peak from the perspective of macroeconomic management by using the theory and method of behavioral economics.1

Research on the Integration of Tourism Industry and Real Estate Industry in China

With the vigorous development of the tourism industry and the real estate industry, the new format Tourism Real Estate formed by the integration of the two industries appears in the market. The integration of tourism and real estate in China occurred in the 1980s and 1990s and has developed rapidly in recent years. However, the academic research on this aspect is not systematic and in-depth. Therefore, this paper aims to address the following issues: 1) What are the driving forces for the integration? 2) What are the basic conditions of integration? 3) How to achieve a better integration of the two industries?

Reform of China's Housing and Land Systems: The Development Process and Outlook of the Real Estate Industry in China

Since the establishment of People's Republic of China in 1949, its real estate has closely followed reforms in economic, land and housing systems. There have been two critical junctures since the advent of the Reform and Opening-Up policy in 1978: the introduction of housing monetization in 1998 and the reinstatement of low-income housing in 2007. Those two junctures divide the development of China's real estate industry into three stages, namely the embryonic period of housing marketization (1978–1997), rapid development period (1998–2006) and integrated development period (2007–2016). Report delivered at the 19th National Congress of the Communist Party of China in 2017 affirms that “housing is for living in, not for speculation,” marking a new development stage for China's real estate industry. It is expected that innovations in land system, housing system and macro-control will promote the development of China's real estate in the future.

Positioning of China's Real Estate Industry Based on Input-Output Analysis

Executive Summary. By way of input-output analysis, we express China's real estate industry position in terms of its industry linkage effect, industry spread effect, and industry clusters division. Using China's 42 sector input-output table, related economic indexes are quantitatively examined. From an industry linkage effect standpoint, the direct driving force from the real estate industry primarily acts on the tertiary industry and is the total driving force behind the secondary industry. Direct pulling power uniformly applies to both the secondary and tertiary industries, and total pulling power mainly acts on the secondary industry. As far as the industry spread effect is concerned, China's real estate industry shows a slight pulling effect and a promotional effect on the national economy. Based on an industry clusters divisional analysis, the real estate industry in China is a final demand and basic industry.

The Study of the Entrepreneurial Leadership Style of Real Estate Industry in China

The leadership style is highly correlated with the organizational performance, and the appropriate leadership style is essential for the enterprises to handle dynamic changes of management environment. In this paper, microblogs of entrepreneurs in the real estate industry are selected as research objectives to evaluate the entrepreneurial leadership style of real estate industry in China. At first, the article identifies the entrepreneurs' leadership styles of the State-owned/state-controlled companies and private real estate companies respectively. Then the article analyzes the differences between the two through the business organization paradigm and resource dependence theory. Finally, the article gives suggestions to the companies about how to select the appropriate leadership style.

The Impact of Land Policy on Real Estate Business in China

Real estate industry, closely related to national economy, is the basic, guiding and pillar industry for national economy, and it can be counted as "barometer" of national economy. Therefore, the sustainable, stable and healthy development of real estate industry can not only meet the housing consumption demands of the masses, but also ensure the stable development of national economy in a relatively fast way and promote the realization of our country's economic construction and social development goals. This article is revolved around the analysis of related concerning real estate industry in China, in which the land policies are paid special attention to. Combined with the status quo of real estate business, the strategies for the healthy development of real estate business are put forward.

The Effect of Foreign Investment on the Real Estate Industry in China

This paper discusses the development of real estate industry in China in recent years. It argues that Hayek's theory of economic fluctuations can help to explain the contraction of the real estate market in 1994 in China as a whole. However, as a theory of the closed economy, Hayek's theory is found to be no longer robust when applied to cities where there is heavy foreign direct investment, such as Shanghai. We believe that it is the foreign direct investment that is making the real estate industry in Shanghai perform well, despite the government's tight monetary policy and the contraction of the industry in other parts of the country over the same period. The paper also argues that, while most foreign investment in real estate is classified as direct investment, it is very different from 'typical' foreign direct investment except in form and in fact shares most of the characteristics of portfolio investment. Foreign direct investment in real estate reflects the imperfections of China's capital markets.