Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

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The Impact of National Policies on the Real Estate Industry in China

Authors
Yanshu Ma1, *, †, Yifeng Yue2, †
1Beijing Private Huijia School, Beijing, 100000, China
2Rosedale Academy, Kunming, 650000, China
†

These authors contributed equally

*Corresponding author. Email: 23mayanshu@huijia.edu.cn
Corresponding Author
Yanshu Ma
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.193How to use a DOI?
Keywords
China Real Estate; Policies; Housing Price
Abstract

China’s real estate has always been a very important driving force of China’s economy. The proportion of real estate investment in GDP increased from 5% in 1995 to more than 13% in 2019, of which more than 70% was used for residential construction. Real estate not only accounts for 23% of household consumption but also connects with all sectors of the economy through investment, construction and financial system. The role of real estate in China’s economic growth has been criticized for many years because of high house prices. Getting rid of excessive dependence on real estate has become the direction of many local governments. China’s government has imposed a lot of regulations and policies on the real estate industry recently. Moreover, it will affect the price of housing in China and also affect the future development of the real estate industry in China. The characteristics of the real estate industry, the policy, and the influences of the real estate industry and the future expectations of the industry will be discussed in the paper. According to the history of China’s real estate development and the latest policies, this paper analyzes the impact of China’s new real estate policies on the real estate industry, and the positive promotion of consumers and the emerging real estate industry. Moreover, this paper provides reference suggestions for the future development direction of China’s real estate.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.193How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Yanshu Ma
AU  - Yifeng Yue
PY  - 2022
DA  - 2022/03/26
TI  - The Impact of National Policies on the Real Estate Industry in China
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1165
EP  - 1170
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.193
DO  - 10.2991/aebmr.k.220307.193
ID  - Ma2022
ER  -