The role of property markets in supporting economic and social development in China.
China. The most populous country in the world, and one of the most enigmatic. For a long time, China has pursued its own path in the world.
With the longest unbroken line of recorded history of any civilisation in the world, with a history stretching back over more than three millennia, with many outstanding Chinese scholars in science, philosophy, literature, and many other fields that continue to influence the modern world, China justifiably regarded itself as the centre of the world.
However, this was not to last. As a result of internal conflict, famine and foreign invasion, China had by the late nineteenth century fallen behind the rest of the world.
It was not able to share in the rapid industrialisation and economic growth taking place elsewhere in the world and quickly fell behind.
But no more. China is now re-emerging to take its place on the global stage and is rapidly making its presence felt. It now dominates world news and world analysis in a way which it has not done in living memory.
What happens in China now matters to the global economy.
In this study, funded by RICS and Shui On Land and carried out by Oxford Brookes University, we explore the degree to which China’s property markets are ready, both to take their place on the world stage as part of the global investment market, and to play their role in supporting the development of the Chinese economy and society.
The Chapters listed below can be accessed from the PDF Downloads column.
- Introduction to the project
- China’s economic development and factors that work to sustain it
- A brief note on fieldwork methodology
- What the international investors think
- Urbanisation and urban competitiveness in China
- Development and current state of Chinese property market
- Challenging issues facing the property market
- Property investment in China
- Conclusions
- Recommendations
- References
