Policy Framework for the Development of Real Estate and the Real Estate Industry in China

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Drafted by a Study Group headed by Vice Minister Zhou Ganzhi
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Policy Framework for the Development of Real Estate and the Real Estate Industry in China;
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Compared with the situation in other countries,therole played by China’s real estate and real estate industry inincreasing municipal financial resources has the followingobviously different characteristics:In most countries,land in urban areas is privatelyowned,and so are buildings.Therefore,real estate revenuescome mainly through taxation.In China,however,urbanland as well as a greater part of the urban building stock are
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页码:2 / 12
页数:11
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