三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Wenzhou financial reform

Chinese cities sell more land to replenish coffers

(Xinhua) Updated: 2012-08-29 17:08

BEIJING -- Chinese cities have moved to boost local land markets, as a persistent economic downturn has undermined the fiscal incomes of local governments, analysts said Wednesday.

On Monday, Hangzhou, capital of east China's Zhejiang province, auctioned seven downtown land plots at their initial bidding prices after revenues from land sales in its main city areas dropped to a five-year low in the January-July period.

In Wenzhou, another property hot spot in Zhejiang, a record number of 52 land spots were put up for sale at a local promotional fair on Saturday.

The concentrated sales reflect the intent of local governments, which depend heavily on land sales for fiscal revenues, to boost sales by offering low prices amid a cooling land market, said Cao Xudong, a researcher with the China Index Academy's Hangzhou institute.

The property market has cooled significantly since the central government started to introduce measures to cap runaway prices in 2010. But home prices have picked up in recent months following the central bank's move to slash interest rates to buoy the slowing economy.

With a warming market, property developers have regained confidence to buy in the land market, Cao said, adding that local governments are more willing to sell, as there are more buyers than in the first half.

In Beijing, 11 plots of land were put on the market this week. Yongxiang, general manager at Dayue Consulting, estimated that the municipal government will pocket at least 7 billion yuan ($1.11 billion) from the auction, which will be held next month.

The market is expected to see a transaction peak across the country in September. Data from the Ministry of Land Resources showed that the government sold just 47,200 hectares of land in the first half, accounting for 29.6 percent of its full-year land supply target for 2012.

However, foreign investors have started to leave the country since the global economic downturn, and domestic real estate developers are strapped for cash due to government controls, which may increase competition between those wishing to purchase land.

Zhang Dawei, chief market analyst at Zhongyuan Real Estate, said the large-scale property sales in Beijing are expected to attract limited amounts of funds, as property developers have only small amounts of capital at their disposal.

Official data showed that foreign investment in China's property development has decreased on a monthly basis since March. The sector saw foreign capital drop 22.4 percent from a year earlier in March, with the rate expanding to 54.3 percent in July.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 最新国产v亚洲v欧美v专区 | 狠狠色香婷婷久久亚洲精品 | 调教小雪 | 一级日本大片免费观看视频 | 黄色一级免费大片 | 中文字幕综合久久久久 | 亚洲日韩视频免费观看 | 国产精品视频人人做人人爱 | 99re8免费视频精品全部 | 成人性生交大片免费看软件 | 日本一级特黄刺激爽大片 | 免费观看成人羞羞视频网站观看 | 欧美成人看片黄a免费看 | 国产挤奶水在线视频播放 | 在线看欧美日韩中文字幕 | 日韩毛片免费视频 | 国产精品一卡二卡三卡 | 欧美极品妇xxxxxbbbbb | 一区二区三区毛片免费 | 91综合久久| 自拍偷拍1 | 青青草国产成人久久91网 | 又黄又爽又猛午夜性色播在线播放 | 亚洲国产欧美自拍 | 青青青青操 | 国产凹凸一区在线观看视频 | 免费观看的黄色网址 | 亚洲国产成人久久精品图片 | 777在线视频 | 国产chinesehd在线观看 | 中文字幕 亚洲一区 | 最新lutube亚洲看片在线观看 | 免费中文字幕在线国语 | 亚洲欧美一区二区三区久本道 | 成年美女毛片黄网站色奶头大全 | 日本无翼乌邪恶大全彩h污污 | 69黄色片 | 特黄aa级毛片免费视频播放 | 99视频国产在线 | 久久久久无码国产精品一区 | 九九99热久久精品在线6手机 |