The Studies On The Feasibility Of Real-Estate Sector To Become Pillar Industry

With the development of society, governments come to realize the importance of industrial policy, especially the importance of polices about pillar industries. In the global context of economic crisis, how to clear the entire national economic system in the real estate industry's position, whether the real estate industry as a pillar of support, has become a very important issue. This article starts with the definition of pillar industries, before the pillar industries in accordance with established characteristics of the four pillar industries in the benchmark choice. Have been identified based on the index system of China's real estate data analysis should be the real estate industry as a pillar of China's industry to develop conclusions. And then to analyze from a macro perspective, a number of constraints of the real estate industry to become a pillar industry factors, and made a number of the corresponding policy recommendations. This article is divided into five parts:Chapter 1, Introduction. This part mainly introduce why I choose this topic and what the background is, as well as related aspects of existing research results, and finally introduced the main contents of this article.Chapter 2, the theory outlined in pillar industries. The first chapter introduces a simple theory of the pillar industries of the development process. And analysis on the debate over the definition of pillar industries. In order to start on the back of this paper under the pillar industries of a definition: the so-called pillar industries means that a certain period of time, the country to make greater contribution to national income; industry correlation, and driven factor, and in the economic structure core position; markets have greater room for development and growth potential; industry employment coefficient; the development of the entire national economy played a key supportive role in the industrial sector. In addition this chapter also briefly introduce the characteristics of the pillar industries and functions. Chapter 3, the pillar industries of the selection criteria. First of all, the chapter conducted a brief introduction of the pillar industries of the theoretical basis for selection: market failure theory; unbalanced growth theory; theoretical advantages. Pillar industries and then choose to set the benchmark system, focusing on four benchmarks: benchmark output; market benchmarks; industry benchmarks related; employment base. Output is a benchmark to judge the size of a particular industry, as well as the influence of their national economy as a whole an important indicator; market benchmark is an industry to determine the prospects for market development and affects the degree of the economy as an important indicator; industry association is the ability to determine a baseline industry on the whole the impact of the industrial structure can be an important indicator of size; employment of an industry benchmark is to determine the absorption of labor and social contribution to society an important indicator of the degree. It covers four basic benchmarks at this stage of China's economy required by the pillar industries have the characteristics necessary.Chapter 4, analysis about the benchmarks of China's real estate industry. Combination of the chapter 3 of the pillar industries choose to establish a benchmark system, the adoption of the "China Statistical Yearbook (2008)" provided in the operation data, analysis, come to China at this stage the need to talk about the real estate industry as a pillar of industry to develop conclusions. Although China and the real estate industry as a pillar industry with the conditions, but the whole of China's economic and social environment there are many constraints of the real estate development.Chapter 5, restricting the real estate industry to become a pillar industry factors. This chapter focuses on China's economic and social constraints that exist in the development of a real estate industry has become a pillar industry factors. These factors are divided into three large pieces, a total of 10. Own real estate constraints exist: First, the price is too high, there are bubbles; Secondly, the current real estate there are huge funding gap; Third, a single real estate financing too. China's economic environment constraints exist: First, the gap between rich and poor is too large; Secondly, the consumption share of GDP to reduce the proportion of each year; Third, the concentration of too much capital investment in real estate. Industrial policy constraints exist: First, the real estate market is not mature enough; second, the central and local government regulation and control policy inconsistencies industry; Third, the issue of land supply; Fourth, the housing supply system and security system, not perfect .Chapter 6, China's real estate industry to improve the environment. This chapter from the work of the government's four major objectives (to promote economic growth; increasing employment; stabilize prices and maintain the international balance of payments), the combination of the characteristics of the real estate industry, the real estate industry of the four primary policy objectives: price stability; supply and demand balance; the optimal allocation of land resources; Home Ownership. Then in accordance with Chapter 5 of China's economic constraints that exist in real estate development has become a pillar industry has put forward a series of factors to improve the environment of China's real estate industry, including: First, remove the irrational real estate prices in the composition; article Second, to encourage effective demand to the rigid requirements of the transfer; Third, improve the capital market; Fourth, changes in local government incentives; Fifth, improve the land transfer system; Sixth, to develop the real estate secondary and tertiary markets; first VII, and improve housing security system; the eighth, the establishment of a sound legal system; the ninth to raise barriers to entry in real estate business.