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Editorial

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

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

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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

The government should create a better business environment to encourage private companies to participate based on their own interests

The government must realize that soaring property prices and the lack of alternative investment channels have formed a vicious circle