Policy Framework for the Development of Real Estate and the Real Estate Industry in China

The purpose of this article is to provide a basis foroutlining China’s Policy for Real Estate and Real EstateIndustry in 90s.It starts with a review of China’s policyframework in this regard,and proceeds from the stand-point of the long-term macro-development of China’s na-tional economy with reference to international experience.Ef-forts were made to transcend departmental and localgovernmental self-interest and conflict,and to avoidshortsighted pursuit for quick benefits and successes.