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Property

2008 Games to buoy aggregates market

China will consolidate its position as the world's largest market for construction aggregates over the next four years, accord-ing to a study by the Freedonia Group. Demand is expected to grow annually by 8 per cent to stand at 5.7bn tonnes in 2007, when it will account for about a quarter of the world total. […]

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Property

Outward bound

As suburban projects expand the boundaries of China's major cities, a new consumer culture is emerging. Older people bemoan the lack of a community spirit but younger generations are drawn to the open spaces. The once lively old neighbourhoods along Shanghai's Jiangiio Road now lie in ruins. They have been levelled to make room for […]

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Property

Shanghai to limit luxury housing

Shanghai will restrict the allocation of land for luxury housing projects in order to increase supply for mid-range and lowpriced homes, South China Morning Post said. The city's housing and land management bureau would also implement a bidding system for companies hoping to participate in the renovation of old residential areas. The move followed complaints […]

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Property

FIEs to take part in urban planning

New regulations issued by the Ministry of Construction allow foreign companies to invest in urban planning service enterprises in China and such enterprises will be allowed to take part in urban planning. However, the regulations forbid the commissioning of overall urban planning to foreign-invested enterprises. To qualify, the foreign investor must be engaged in urban […]

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Property

Building a Chinese Davos

Transforming a strip of land on Hainan island twice the size of Macau into a leading Asian convention centre would seem to be a major gamble even for a large company, let alone a single individual. But through intelligent risk management, the vision turned into reality.The way in which Jiang Xiaosong developed Boao illustrates some […]