China is now a low-income wealth management country, but it has become a high-wealth country because of high savings. In a certain sense, now there is not much money, but more savings.
Fundamentally, the basic problem of the real estate market is “insufficient supply”. The main demand in the housing market is not the demand for real estate, but a large part is the real housing demand. The largest part of the demand is currently being neglected, namely the demand for migrant housing. In addition, the investment demand of the market is not too negative, because this part of the housing is also transferred to the rental market to meet the real needs of people.

Dawan District is a new target for benchmarking with world-class urban agglomerations, an opportunity for state and enterprise investment, and a key area for international competition between countries or cities.

But how to develop the Dawan District, Gu Yunchang has its own understanding. He believes that the big probability of the future city is two roads, one is to expand outward, and the other is internal renewal. The mainstream direction of urban future development should be urban renewal. Then to update, it should be the road to "compact ecology." The compact ecology focuses on two major goals, namely “compact and efficient” and “green ecology”.

Directed by

Southern Finance Media Group

organizer

21st Century Business Herald

Co-hosting

Quanlian Real Estate Chamber of Commerce, Jingrui Habitat Development Foundation

Meeting information

Time: 2018.07.21--07.24
Location: Hainan Sanya

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Boao 21st Century Real Estate Forum Preview

2018 is a very special year. With the 40th anniversary of reform and opening up, Chinese real estate has also ushered in the 20th anniversary of market-oriented reform. Since the central positioning of "the house does not speculate", the wind from the east to the west, from the north and south, the property market quickly cooled down. In this year, the policy of rent purchase and purchase was frequent, the land transfer model was innovated, and the property market entered a self-sustaining era. This year, reform and innovation, challenges and opportunities coexist...[full text]

The inexhaustible Fanghua is our rush. In life, the city also carries layers of memory. The release of the film "Fanghua" allows many people to look back on their past, the life of different eras, which is a common epitome of an era and a group. Each different individual is "big background" of each era. Shrouded, the imprint of those times is clearly visible to everyone...[full text]

Theme Forum (1) Quality Habitat: A Beautiful Era of Housing

Wang Gang, Secretary General of China REITS Alliance: REITS should be partial stock rather than partial debt

Wang Gang believes that there are more than 200 REITs in the United States, and the market value is about $1 trillion. He believes that the main reason for the development of US REITs is mainly the investment of experts, using professional teams to manage investment, diversifying risks, and having economies of scale. The development policy of China's REITs began in 2008, but the government's 4 trillion investment has caused it to stop...[detailed]

Ouyang Jie, Vice President of New Town Holdings: Real estate tax will not reduce housing prices

Will the property tax be lowered to bring the house price down? Mr. Ouyang expressed doubts about this. He believes that all things are taxed and prices will rise. This is the basic economic logic...[detailed]

Yang Xianling, Dean of the Shell Research Institute: China's real estate ushers in the "second curve"

At present, the development of new houses has entered the top of the first curve, and the development tide tends to end; for the rental market, the market from the imbalance of rent purchases to the purchase and purchase will help the housing rental to open the second curve of the industry development...[detailed]

Poly General Manager Fang Lin: The development era will eventually pass to meet the trillion yuan rental market

Long-term rental apartments should be understood from two dimensions, one is the economic perspective and the other is the policy perspective. The era of development will eventually pass, but the operation is unlimited, which is also the 50 trillion or 100 trillion rental market that the market talks about...[detailed]

21st Century Industrial Research Institute and Shell Research: Top Ten Outlooks for China's Leasing Industry

Among the rented houses, the structural mismatch situation is more obvious. For example, for white-collar apartments, the relative supply is relatively more. For apartments for families, for example, one bedroom and two small houses are relatively small...[detailed]

Theme Forum (2) Industry Aggregation: Looking for New Forces in the City

Yang Xiaochu, Chairman of Lanrun Real Estate: Holding the country still alive

Yang Xiaochu believes that real estate transformation should pay attention to three aspects. The first one is education. China now has 1.3 million people abroad. The second is disease. The last wealth of people is left to the hospital...[detailed]

Yan Jingyu, Vice President of Xinghe Industry: Real estate transformation depends on the integration of production and city

In the end, should real estate enterprises be the real estate banner to do real estate or really do the integration of production and city? Xinghe Industry believes that the core logic of production city integration...[detailed]

Vice President Zhou Huirong: Smart Park connects humanities, space and time

What the left side is doing is to connect the humanities, space and time of the park. She feels that the future city can no longer spread like ink stains, should be as open as flowers, the park is a petal...[detailed]

Fang Mingfu, co-president of Jinke Group: Cooperation and win-win is the inevitable road of housing enterprises

Apple and Foxconn, these cases are clear to everyone. No country can face the challenges faced by mankind alone, and no country will be an isolated island alone...[detailed]

Theme Forum (3) Urban Development Power: New Logic of Urban Development from the Perspective of Bay Area

Gu Yunchang, the Ministry of Housing and Construction: Dawan District should take a compact ecological road instead of the road to enclave

The big probability of the future city is two roads, one is to expand outward, and the other is internal renewal. The mainstream direction of the future development of the city should be urban renewal. Then to update, it should be the road to "compact ecology." The compact ecological focus on two major goals, namely “compact and efficient” and “green ecology”...[detailed]

Qiuping: 0.6% of the land area of ​​the Pearl River Delta has created 13% of the country's GDP.

The future Bay Area is the main front for competition between countries. According to the statistics in the World Bank's “Reshape the World Economic Geography” report, half of the world's production activities are concentrated on only 1.5% of the world's land area. This shows that the stage of international competition requires the participation of world-class urban agglomerations...[detailed]

Well-known media person Wu Bofan: Creating the “multiplier effect” of Dawan District in Guangdong, Hong Kong and Macau

The Guangdong, Hong Kong and Macau Bay Area now faces several challenges. One is the lack of a cluster of university clusters; the other is a subversive innovation capital shortage; the other is a relatively lack of immigration like Silicon Valley...[detailed]

Chen Guanghan, Sun Yat-sen University: “9+2 Model” in Dawan District

"One country, two systems, three kinds of laws and currencies" embodies the diversity and complementarity of the system, and the diversity of the system can generate income...[detailed]

Keynote Speech: Macroeconomics and Policy

The Japanese real estate bubble is just a concept of isolation. Globally, its collapse is not universal. First of all, in fact, almost any big country in the world with a larger geographical area than Japan has not experienced such a terrible thing as the Japanese real estate collapse; in addition, Japan’s GDP...[full text]

Housing can't just “press demand”. However, Fan Gang believes that short-term pressure demand is indeed a short-term suppression, but the supply side is the core direction of reform. First, land supply should be oriented towards population migration; second, increase supply rate...[full text]

At present, China's real estate system is undergoing the fourth stage. The first stage is the reform of the housing system with the economical and affordable housing as the core; the second stage is the idea after the land bidding and auction, and the problem of protecting the housing with commercial housing, that is, solving the affordable housing in a market-oriented way...[full text]

Keynote Speech: Industrial Structure and Development

At present, the real estate market in China is more obvious that the government is better than the market free competition. A variety of restrictions on purchases, restrictions on loans, restrictions on sales, price approval, and lottery have made housing prices in first-tier cities severely restricted, which has led to widespread housing price increases across the country.[full text]

During the Japanese real estate bubble or economic depression, there are too many lessons that should be learned from our real estate industry and China's urbanization today. But the old real estate bubble in China scares China's real estate industry. Obviously there is not much basis...[full text]

Along with the increase in household disposable income, consumers have improved their lives to gradually pursue a quality life. Consumers have both the confidence of consumption and the ability to consume. But the characteristics of consumption are more products...[full text]

Keynote Speech: Enterprise Innovation and Capital

“Getting out of the 'second curve' will be the core strategy for enterprises to maintain high growth. The resources and capabilities accumulated by Chinese real estate companies in the 'golden age' will soon be ineffective, and the transition from development to living services is inevitable...[full text]

The overall pattern of the property market this year can be summarized in four words, that is, "a big mess". “Great stability” means that the property market will return to zero growth, that is, neither the upper limit nor the lower limit. Because controlling house prices, suppressing bubbles, and preventing risks are the requirements of the current central government, stability will become the primary focus...[full text]

Big travel, big health and big education are the core competitiveness of many cities and places. Now it has become the new vest of real estate developers. Real estate + education, real estate + health, real estate + tourism will be The strong alliance of the trillion-level market...[full text]

Six-party talks on China's real estate (1) Logic mirror: the imagination of China's real estate in the next decade

Meng Xiaosu: The traditional model of real estate development is still the main mode. Because the Chinese people need housing, large-scale development is still needed. In the future, we will pursue quantity and quality at the same time, because this is the growing demand of the people.
Chen Huai: From the demand side, the real estate outlook is still very large. But it is worth noting that even if the industry has a big future, the profit is not necessarily yours.
Gu Yunchang: In the past, housing companies earned a chance bonus. In the future, I am afraid that it will be a bonus, an intensive bonus, and an innovative dividend. Only when the demand of the housing is satisfied can the real estate market win the dividend.
Shan Weibao: At present, the real estate market is about 13 trillion yuan, and it will still be more than 10 trillion yuan in the future. So as long as the housing company is doing well, it will definitely make money.[full text]

Six-party talks on China's real estate (2) Good living: a new experiment from building a house to building an ecological

Chen Xiaolong believes that the improvement of quality must first have the value of doing business in the medium and long term. If the company is only for short-term benefits, the style of play may be very different. If there is a big wave of sand, chances are always there.
Ouyang Jie believes that the quality era in the future is not only a problem of the house, but also an ecological problem. The ecological problem mainly solves two problems, one is the business ecology and the other is the ecology of public services. If the two ecosystems are solved, the house is valuable.
Li Zhanhong pointed out that changing the ecology of the house and the quality of the house, high housing prices are the premise. He said, "I never believe that in the price of five or six thousand yuan, the quality and ecology of the house will be better, and the land price will rise. The land price accounts for about 2,000 yuan, and the fixed Jian'an cost is about 3,000. This is Five thousand dollars, it is difficult to imagine how the house of five or six thousand yuan is ecological."[full text]

China Real Estate Six-Party Talks 3 Funds Change: Balance of Profits

Li Xiaodong mentioned that his focus shifted to overseas real estate investment five years ago. He believes that the current domestic business is relatively in a state of contraction. This choice is made because domestic real estate is becoming more and more difficult to understand, and the next step is not clear. In addition, the domestic environment for real estate finance is deteriorating.
Zhou Yisheng believes that China's real estate is undergoing a "second curve" test board. However, in the process of China's migration from the development model, it is more of a change in the stock era, rather than a process in which Kodak film is replaced by a digital camera.
Shen Wei pointed out that their work in the past six months is mainly to help real estate assets securitization; but domestic approval is very slow, and the difficulty of issuance is also there. Many financial institutions are still more cautious about asset securitization subscriptions. ”[full text]

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