haku: @author Zuo, Ling / yhteensä: 2
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| Tekijä: | Zuo, Ling |
| Otsikko: | Financial turmoil and real estate development tactics (original in Chinese) |
| Lehti: | Special Zone Economy (c)
1998 : 4, p.14-16 |
| Asiasana: | HOUSING PROPERTY CHINA |
| Kieli: | chn |
| Tiivistelmä: | Due to the influence of financial turmoil, the currencies of the neighboring countries devalue while China's currency is getting stronger, which will possibly lead to spiral deflation. Therefore, the expansion ary monetary and fiscal policies should be taken. This year it is decided that investment in fixed assets will reach 2800 billion yuan and exceed 9000 billion yuan in the coming three years. They will be mainly invested in highway, railway, environmental protection and residence. Housing construction as a means of promoting economic growth must be combined with the shift of growth mode or the effective market demand. In another word, the idle commercial buildings must be digested effectively and housing in stock activated. |
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