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This year, China will hasten the pace of housing reform, create a way to mitigate financial risk and control macro-leverage, and reorient financial services toward the real economy.

China spent 5.22 percent of its GDP on education in 2016, according to a report released by the Ministry of Education in September.

On September 11, a consortium of eight private firms led by Shanghai’s Fosun Group signed a public-private partnership (PPP) contract with the Zhejiang provincial government to build a high-speed railway linking Hangzhou, Shaoxing and Taizhou. S

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As China’s cities expand, local governments first appropriate rural land – usually from village councils instead of individual villagers – and then transform the land title to urban. They then sell it to real estate developers for a ‘land grant fee’

To make renting more attractive for residents, the Chinese government needs to take a more systematic approach by providing an equally distributed network of public services

The lack of a centralized financial regulatory body often leads to over-regulation in some areas while a lack of coordination has left loopholes in others