The Commercial Real Estate Sector-Preview

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China’s urbanization wave is considered by many
to be the largest in human history. Following Deng
Xiaoping’s reform and open up policy, millions of
rural Chinese moved to China’s major coastal cities
looking for opportunities in the newly-established
factories. As a result, cities like Shanghai and
S h e n z h e n g r e w i n t o
sprawling metropolises
practically overnight.
However, much of China’s
rural to urban movement
has been absorbed by the
megacities unknown to
most people outside the
country. As cities like Beijing
and Guangzhou continue
to grow and mature, cost of
living is rising as well. With
economic development
now spreading to these lesser known cities, people
are beginning to abandon China’s largest cities
for the increasingly cosmopolitan regional hubs.
Most of the accompanying construction boom
has been exploited by domestic companies, and
largely state-owned businesses at that. In 2013,
less than 300 construction companies were
foreign invested, compared to almost 80,000
domestic ones. Construction and real estate in
China is largely a domestic game.
In this issue of China Briefing,
we explore the latest trends
in commercial real estate
i n Ch i n a , a nd d i s c u s s
how foreign companies
can benefit from China’s
massive construction boom.
We provide a guide to how
firms can sell construction
materials in China, and finally
detail how foreign architects
can most effectively enter
and take advantage of
China’s rapid urbanization.
Opportunities abound for the discerning company
or individual in China’s booming real estatemarket.
With our specialized knowledge of the sector,
we at Dezan Shira & Associates look forward to
working with interested parties in the future.
This Month’s Cover Art
by 高楠
Chinese Painting, 68.5x68.5cm
Wan Fung Art Gallery
| +86 0760 88333
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© 2015 Asia Briefing Ltd.
Reference
China Briefing and related titles
are produced by Asia Briefing Ltd.,
a wholly owned subsidiary of
Dezan Shira Group.
Content is provided by
Dezan Shira & Associates.
No liability may be accepted for any
of the contents of this publication.
Readers are strongly advised to seek
professional advice when actively
looking to implement suggestions
made within this publication.
Introduction