Comparative Research On The Contribution Of Provincial Real Estate Industry Development To Economic Growth In China

Since the reform and opening up.China's economy has developed rapidly,creating opportunities for the development of China's real estate industry,and the development of the real estate industry has also played a huge role in the development of China's economy.At the same time,the development status of the real estate industry is different due to different regions.The development of the real estate industry cannot be generalized and should be combined with regional economic development.In this context,through the analysis of the industrial structure of the real estate industry across the country and the provinces,the in-depth study of the contribution of the real estate industry in the country and the provinces to the economic growth,and put forward targeted recommendations.Based on the research of relevant theories,this article first summarized the real estate industry and economic development in the country and in various provinces,and defined the measurement method for the direct contribution of real estate industry development to economic growth.From the real estate industry contribution rate and the driving percentage point,the direct contribution of the national and provincial real estate industries to economic growth had been measured.Then the processing results had been compared and analyzed with the theory of cluster analysis.This shows the degree of the direct contribution of the real estate industry's own development to the economic growth and growth rate.Secondly,this article defined the measurement method for the indirect contribution of real estate industry development to economic growth.From the real estate industiy contribution rate and the driving percentage point,the indirect contribution of the national and provincial real estate industries to economic growth had been measured.Then the processing results had been compared and analyzed with the theory of cluster analysis.This shows the degree of the indirect contribution of the real estate industry's own development to the economic growth and growth rate.It uses the input-output model to promote the development of forward industries and backward industries through the driving effect of the ring.Finally,from the real estate industry contribution rate and the driving percentage point,the total contribution of the national and provincial real estate industries to economic growth had been measured.Then the processing results had been compared and analyzed with the theory of cluster analysis.This shows the degree of the total contribution of the real estate industry's own development to the economic growth and growth rate.Finally.the degree of total contribution of national and provincial real estate development to economic growth in 2020 had been predicted.The calculation results show that the total contribution of the real estate industry in the country and the provinces to economic growth was relatively high from 2008 to 201 7,and the main performance was indirect contribution.The forecast results show that the overall contribution of the real estate industry in 2020 will still high despite the slight decline.It shows that China's economic growth was still dependent on the real estate industry.At the same time,the contribution of China's real estate industry to economic growth was dynamic and its regionalization was significant.Therefore,it is necessary to formulate corresponding measures in light of regional industrial and economic development.