Reseach On Financing Model In China’s Real Estate Enterprise

The real estate industry is a pillar industry of China’s national economy, and is closely linked to the national economy. With the rapid development of the real estate, the market requires a large amount of funding sources, at present, China’s real estate financing sources are mainly through bank loans to solve financial needs, and a small number of large-scale enterprises by listing. However, it is not enough to meet the demand for real estate funds through these financing models. China’s single real estate financing model impedes the development of the real estate industry, so optimizing and expanding the real estate financing models in China is imperative.In this paper, in reference to the relevant theoretical research results at home and abroad, on the basis of the research of the real estate and real estate industry’s characteristics, on the status of domestic and international real estate finance analysis, and the use of more extensive statistical analysis of empirical data, it comes to the real estate financing problems that exist in China and analyses on the deep-seated reasons. In final, this paper points out the optimization strategies in the models of China’s real estate financing, including the target model, the specific models and policy recommendations, which the target model is based on China’s specific economic context, positioned the market to American-style funding models and is compatible with the absorption of Singapore Fund to finance social welfare-oriented financing model, and have set up bank credit financing and coordinated development of securities market financing, the supplementary financing models of integrated real estate finance system. The specific models of the major real estate financing is based in our current situation and problems, and includes three innovative financing models, trying to build a wide range of financing models. Policy proposals focus on banking policy, the market code of conduct policy, the industrial organization and technology policy to try to come up with a set of policies of real estate financing mechanism in China’s national conditions to promote the development of the real estate and even the national economy.