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| Author: | Huang, Xuehai |
| Title: | An analysis of the over inflated real estate industry in China (original in Chinese) |
| Journal: | Contemporary Finance and Economics (c)
1993 : 10, p.17-20 |
| Index terms: | PROPERTY LAND USE CHINA |
| Language: | chi |
| Abstract: | The over inflated real estate industry is in fact a phenomenon of "land-leasing and approving fever". The present prominent problems are as follows: The land to be leased was approved in excess of authority, which resulted in arable land occupied excessively; Blind development led to loosing money in business; Due to the nonstandard land deals, the hidden deals are enlivened. So the macro management of real estate industry must be strengthened in 8 links--planning, examination and approval, assessment, laws and regulations, supervision, collection, contingent and leadership. |
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