Study Of Real Estate Development And Financing Channels For Enterprises

After more than twenty years of development of the China's real estate industry, it has developed into an important impact on the national economy, the community of common concern to industry. The financing problem of real estate industry is always the hot issue. For that, the real estate industry is classified as a capital-intensive industry which needs a lot of fund in the aspect of land exploration and commodity house business, and the finance industry and healthy capital market as its strong support. So whether real estate enterprises have good financial channels influences the sustained and development of real estate.From the view of the real estate enterprise, the present paper analyzes the financing channels of Chinese real estate enterprise, the focus of the paper is on how to resolve the financing concern carefully from now and on. Firstly, the article reviews and analyzes the general theory of financing of enterprise, and then introduces the character and influential factor on the financing of real estate industry. The author's point is, the financial channels of real estate enterprise are influenced by the level of interest rate, macro-adjustment policies, the income of resident, financing impact, the risk factor, the cost factor and the situation of the company.Through stressing on the present situation and existing problems in real estate financing, we can get the conclusion, the real estate enterprise of China uses bank loans ,debt financing ,equity financing and other means, not only internal finance and external finance are inadequate, but also equity financing and debt financing are extremely unbalanced. The development of capital market is not accord with the economic situation, so we should take some measures from two ways: financing institutional innovation and financing ways innovation.In conclusion, according to its development level and project stages and so on , real estate enterprise should think about its own financing ways, not only think about the way of innovation, but also its development of the enterprise itself. Faced with the trend of financing diversification, real estate enterprise should strengthen its own power and receive capital from wider channels. In addition, the Government should play an active role in improving the real estate's development.