资源描述:
《外文翻译wto对中国房地产市场的影响》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库。
1、TheChineseRealEstateMarketandtheeffectsofWTOChina'simpendingentryintheWorldTradeOrganization(WTO)willbeablessingtotherealestateindustryinChinawhichhashadlittletocelebratesincethebustlingdaysoftheearly-mid1990's.WTOentrysendsapositivemessagetoforeigncompaniesaboutChina'scommitm
2、enttoeconomicandmarketreforms.Demandfromforeigncompanies-theprimaryoccupantsoftop-qualitycommercial,industrialandresidentialprojectsislikelytoincreaseasnewcompaniesenterthemarketandothersexpandasrestrictionsaregraduallylifted.Itis,however,prematuretosayexactlyhowmuchtherealest
3、atemarketwillbenefit.TopredictthatWTOentrywillmeanrisingrentsanddemandformoreconstructionintheshorttermis,perhaps,misguided.Thedetailsoftheagreementarenotyetknown,anditislikelythattheimpactwillbegradualandunevenlyspreadamongstbusinessesandindifferentareasofChina.Financialservi
4、ces,telecommunications,distributionandlogistics,informationtechnology,agriculture,andprofessionalservicesindustries,aswellasChineseconsumers,arelikelytobesignificantwinners.Metropolitanareasmayseebenefitsduetoeasingofrestrictionsonfinancialservicescompanies.Banksandinsuranceco
5、mpaniesareamajorindustrysectorintheseareas,andtheliftingofrestrictionsontheiractivitiescouldunleashsignificantlatentdemandforrealestateasthereformstakehold.Theliftingoftraderestrictions,theloweringoftariffsandtheeasingofrestrictionsondistributionoverthenextfiveyearswillbeaboon
6、forwarehousing,logisticsanddistributionrealestateinChina'sbusiestportcity,aswellasintherestofChina.WhileWTOentrymayencouragearecoveryinrealestatemarketssoonerthanotherwiseexpected,almosteverymajormarketinthecountryremainsvastlyoverbuilt.Intheofficesector,thevacancyrateforGrade
7、Abuildingsispresently30%inBeijingand38%inShanghai.Basedonrecenttrendsindemand,thisvacantofficespacewilltaketwotothreeyearstobeabsorbed,andthereismoreconstructionunderway.Chinawillcontinuetoreapeconomicrewardsfromthecomprehensivepackageofhousingreformsthatthecentralgovernmentha
8、sbeencontinuallyintroducing.Themostrecentdevelopmentinthenewp