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Land sale revenue hit 4 trillions in 2013 [Copy link] 中文

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Post time 2014-1-31 12:16:35 |Display all floors
The new reports that the land sale revenue for the 2013 reaches 4.1 trillions, up 1.4trillion than 2012. It's clearer for the government to depend on the land revenue for its fiscal source. It's not a good sign for China as it aims to regulate the real estate industry and residents would bear higher housing prices for future.

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Post time 2014-1-31 12:17:58 |Display all floors
The new administration seemingly forget the part as they focus on anti-graft and dream-weaving campaign.

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Post time 2014-1-31 19:34:41 |Display all floors
hoprfully not in the hands of real estate developers  {:soso_e114:}{:soso_e135:}
a man who uses his hands is a laborer. one who uses his hands and his mind is a craftsman. but he who uses his hands, his mind, and his heart, is an artist...

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Post time 2014-2-3 15:13:23 |Display all floors
Land sale revenue from confiscated land holdings.





I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are weeks, sometimes months, in fact, when I don't make any bet at all because ...

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Post time 2014-2-4 13:00:26 |Display all floors
6% of annual GNP

wow!

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Post time 2014-2-4 15:27:46 |Display all floors
Bond issues by local, state, central supported by their guaranteed revenue streams

Crude oil, coal, mineral, organic extraction......is the another big alternative.
beside land sales are VERY POPULAR credit revenue raising methods.

TRUE.

but too much LAND sales concentration could cause EXCESSIVE property prices, and excessive skewed to property cost

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