Housing in China

Apartments in Suzhou
Apartments in Shanghai

In recent years, housing development has ballooned in China as its economy has developed. Since 1978, the government has promoted the commercialization of housing in urban areas.[1] Property development has become big business in China, with new cities and suburbs springing up with new apartments.[2]

  1. ^ Chen, Aimin; Zhang, Kevin H. (2004). Urbanization and Social Welfare in China. Ashgate Publishing, Ltd. p. 99. ISBN 978-0-7546-3313-6. Retrieved 17 August 2012.
  2. ^ "Housing in China". China Daily. Retrieved 17 August 2012.