Abstract
This paper reviews the policy risks existing in the process of developing commodity houses in Mainland China. Policy risks have been identified, and their effects on the implementation of a property project across various stages have been analyzed. The study provides useful references for professionals, in particular those overseas property investors, to identify proper risk management strategies for mitigating the effects of policy risks to their property business in the Chinese market.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Walker, A., Levett, D., Flanagan, R.: China Building for Joint Ventures, 2nd edn., p. 94. Hong Kong University Press (1998)
SC 1991a, The Regulation for the Implementation of Land Administration Law of the PRC issued by the State Council (April 1991)
SC 1991b, The Interim Regulations of the PRC on Granting and Transferring the Right to the Use of State-owned Land in Cities and Towns, issued by the State Council (May 1991)
TJPG 2002, The Regulation for Property Management, issued by Tianjin People’s Government (2002)
NBSC 2010, China Statistical Yearbook 2010. China Statistics Press (2010)
Li, L.H.: Urban Land Reform in China, Antony Rowe Ltd, 24–27, 55, 58 (1999)
SC 1998, The Notice relating to Further Reform of Urban and Town Housing System and Speeding up Residential Construction, issued by the State Council (July 1998)
BJSR 2000, The Notice for Administration of the Commodity House Overseas or Local Sales, issued by Beijing State Land Resource and Real Estate Administration Bureau (October 2000)
GDCB 2001, The Notice relating to Process Condition of the Project Imagine Adjustment for the Pre-sale of Commodity House in the Province, issued by Guangdong Construction Bureau (January 2001)
MOC 2001, The Regulation of Commodity House Sales, issued by the Ministry of Construction (2001)
BJPG 2003, The Regulation of Supervising to the Construction Project Tending in Beijing, issued by Beijing People’s Government (March 2003)
Thompson, P.A., Perry, J.G.: Engineering Construction Risks, pp. 1–4. Eastern Press Ltd (1992)
Li, Q.M., Li, X.D., Shen, J., Lu, H.M.: Risk, Uncertainty and Decision-making in Property Investment, 1st edn., pp. 36–42, 95–126. Southeast University Publisher (1998)
Shen, L.Y.: Application of Risk Management to the Chinese Construction Industry, Department of Construction Management University of Reading, 12–31 (1990)
Shen, L.Y., George, W.C., Wu, Catherine, S.K. Ng: Risk Assessment for Construction Joint Ventures in China. Journal of Construction Engineering and Management 127(1), 76–81 (2001)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2012 Springer-Verlag GmbH Berlin Heidelberg
About this chapter
Cite this chapter
Pan, Y., Zhang, D., Pang, J. (2012). Review on Policy Risk in Developing Property in the Chinese Mainland. In: Jin, D., Lin, S. (eds) Advances in Electronic Commerce, Web Application and Communication. Advances in Intelligent and Soft Computing, vol 149. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-28658-2_70
Download citation
DOI: https://doi.org/10.1007/978-3-642-28658-2_70
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-28657-5
Online ISBN: 978-3-642-28658-2
eBook Packages: EngineeringEngineering (R0)