Overview

This book provides an in-depth analysis of China’s housing system and real-estate industry .The author weaves together the different elements of the real estate industry into a logically coherent whole, in which the relationship between the real-estate industry and the macroeconomy sets the background, the housing market forms the core, real estate finance makes up a necessary condition, public policy provides the guarantee and the housing system the foundation. The book constructs an analytical framework for the development of China’s housing system that considers a comprehensive range of factors, highlights the most important issues, and is soundly structured, logical and clear. By applying this framework, the authors present an overview of the past, present and future of China’s housing industry.

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9789811309649

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Prof. Pengfei Ni, a member of UrbaChina, is director of the Urban and Real Estate Economy Research Unit at the Chinese Academy of Social Sciences Institute of Finance and Trade Economics. He is chief editor of the Annual Report on China’s Urban Competitiveness, the Annual Report on Development of Housing Market in China and others. His main research fields are the theory and practice of urban economics, real-estate economics, spatial financial studies, and urban competitiveness. He has published over 10 papers in the Journal of International Affairs, Urban Study, China’s Social Sciences and Economic Studies. He received the highest Chinese economics award - The Sun Yefang economics Book Award – for the Annual Report on China’s Urban Competitiveness. His research is significant for China’s development and that of its cities and is a valuable resource for policy makers.

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