Land, Property & Construction in the People's Republic of China

Land, Property & Construction in the People's Republic of China

Anthony Walker
Copyright Date: 1991
Pages: 152
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  • Book Info
    Land, Property & Construction in the People's Republic of China
    Book Description:

    A major element of China’s economic modernization has been the reform of its land tenure system and the development of its construction industry. These changes, which have accepted the principles of paying for the right to use land and profit-making by construction companies, have been dramatic. So has the attraction of foreign investors to joint ventures with Chinese companies, many of which need land and buildings. These initiatives have, in turn, generated further development of land policies and construction. This book documents the progress made in these important sectors of the economy and their potential for creating a property market, their impact on overseas companies building in China and also on the indigenous construction industry itself.

    eISBN: 978-988-220-192-7
    Subjects: Business

Table of Contents

  1. Front Matter
    (pp. I-IV)
  2. Table of Contents
    (pp. V-VI)
  3. List of Illustrations
    (pp. VII-VII)
  4. List of Tables
    (pp. VIII-VIII)
  5. Preface
    (pp. IX-X)
    Anthony Walker
  6. Levett and Bailey, The Sponsor
    (pp. XI-XI)
  7. Chapter One China in Perspective
    (pp. 1-33)

    China’s population is over 20% of the total world population and represents about 33% of the population of all developing countries. It is the world’s third largest country in terms of land area, after the USSR and Canada. Although it is classified as a developing country and has a per capita GNP amongst the lowest in the world, China does not subscribe to many other measures that define developing countries. China is an enigma.

    It lies roughly within the same latitudes as the United States of America. Two-thirds of its terrain, mainly towards the west, consists of mountains, hills and...

  8. Chapter Two Land and Property
    (pp. 35-63)

    Press reports, particularly of the late 1980s, seem to say that a property market exists in China. They speak of land deals, foreign investment, soaring prices and house buying, but the situation needs a closer examination. Some sort of market exists, but in an embryo form. It is unlikely to be a market in a form that is familiar to the capitalist world, but it is likely to be a market nevertheless.

    On 1 December 1987, the People’s Republic of China auctioned its first piece of land since the communists came to power in 1949. While the auction itself was...

  9. Chapter Three Construction
    (pp. 65-100)

    Construction in China today is going through enormous changes to make the industry more effective and efficient. Since 1980 the PRC has been intent on moving from an industry rooted in the early part of the century to one typical of the later part.

    The construction industry has ambitious targets to meet by the year 2000. The need to improve urban housing, for example, will mean that 3.3 billion square metres of new housing must be constructed, at an average rate of 200 million square metres per annum, about double of the present rate. By any international standards, the size...

  10. Appendix 1 Provisional Regulations on the Granting and Transferring of Land Use Rights over the State-owned Land in the Cities and Towns (1990)
    (pp. 101-110)
  11. Appendix 2 Provisional Measures for the Administration of Foreign Investors to Develop and Operate Plots of Land (1990)
    (pp. 111-115)
  12. Appendix 3 Details of a selection of sales of land-use rights
    (pp. 116-119)
  13. Appendix 4 Tender documents for a site in Guangzhou Economic and Technological Development District
    (pp. 120-124)
  14. Appendix 5 Development conditions for a lot in Shanghai Hongqiao Economic and Technological Development Zone
    (pp. 125-127)
  15. Appendix 6 Regulations for the Transfer of Land Use Rights for Valuable Consideration in Shanghai City (1987)
    (pp. 128-138)
  16. Index
    (pp. 139-140)