Chinese housing market will shift to 2nd- and 3rd-tier citie

时间：2007-04-29 06:36:21

（单词翻译:单击）

Chinanews, Beijing, Apr. 29 – In its recent report, global property consulting firm Jones Lang Lasalle analyzes1 the prospect2 of the real estate market in China's second- and third-tier cities. In this report, titled "The 30 New Emerging Cities in China", it predicts that the 30 cities will become a new focus for investors3, real estate developers and lessees4 and they will indicate the developmental trend in Chinese real estate market in future, the Beijing Business Today reported.

 

The five cities of Suzhou, Tianjin, Hangzhou, Chengdu and Dalian are highly recommended by the report for their robust5 economic activities.

 

Although there are still plenty of opportunities in the major Chinese cities, yet as the housing prices in these cities have continued to soar, competition has become more intense than before and it will become more difficult for housing developers to make profits in these cities. Therefore many housing developers have now shifted their attention to the emerging new markets where housing prices are still relatively6 cheap and it is easier for them to make gains. The booming business, which first originated in the major Chinese cities of Beijing, Guangzhou, Shanghai, and Shenzhen, has now moved to some new economically rising cities, said Kenny Ho, the company's general manager in Shanghai.

 

The housing demand in these cities has kept increasing day by day. As market operation in these cities becomes more transparent7 and there is more capital liquidity8, domestic and international investors are already paying close attention to these new markets, the report said.

 

Some second-tier cities, including Nanjing, Wuhan, Chongqing, Qingdao, Shenyang, Dongguan, Xiamen, and Xi'an, have made fast progress in developing their local companies and attracting foreign direct investment.

 

In addition, cities in the third tier, especially Harbin, Fuzhou, Wuxi, Jinan, Ningbo, Zhengzhou, Changchun and Changsha, are adding input9 to improve their city infrastructure10 to pave the way for their future economic growth. Their efforts to boost local real estate market have also started to take effect, according to the report.

 
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1 analyzes e2e80b8320e1dd8d4c035d41fd7e44e5     
v.分析( analyze的第三人称单数 )；分解；解释；对…进行心理分析
参考例句：
  • This approach analyzes management by studying experience usually through cases. 这个学派通常从实例获得经验，用以分析管理。 来自辞典例句
  • The econometrician analyzes statistical data. 经济计量学者要分析统计材料。 来自辞典例句
2 prospect P01zn     
n.前景，前途；景色，视野
参考例句：
  • This state of things holds out a cheerful prospect.事态呈现出可喜的前景。
  • The prospect became more evident.前景变得更加明朗了。
3 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
4 lessees a3ec9bbd4dca715685ffed2ed6ba0c50     
n.承租人，租户( lessee的名词复数 )
参考例句：
  • And finally there's a Leasing Division which organizes leasing packages for lessons and lessees. 最后我们还有租赁部为承租人和出租人牵线搭桥提供整套的租赁服务。 来自国际金融英语口语
  • Obviously, it organizes leasing packages for lessors and lessees. 顾名思义，它的工作就是为出租人和承租人牵线搭桥。 来自互联网
5 robust FXvx7     
adj.强壮的，强健的，粗野的，需要体力的，浓的
参考例句：
  • She is too tall and robust.她个子太高，身体太壮。
  • China wants to keep growth robust to reduce poverty and avoid job losses,AP commented.美联社评论道，中国希望保持经济强势增长，以减少贫困和失业状况。
6 relatively bkqzS3     
adv.比较...地，相对地
参考例句：
  • The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
  • The operation was relatively painless.手术相对来说不痛。
7 transparent Smhwx     
adj.明显的，无疑的；透明的
参考例句：
  • The water is so transparent that we can see the fishes swimming.水清澈透明，可以看到鱼儿游来游去。
  • The window glass is transparent.窗玻璃是透明的。
8 liquidity VRXzb     
n.流动性，偿债能力，流动资产
参考例句：
  • The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
  • The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
9 input X6lxm     
n.输入(物)；投入；vt.把(数据等)输入计算机
参考例句：
  • I will forever be grateful for his considerable input.我将永远感激他的大量投入。
  • All this information had to be input onto the computer.所有这些信息都必须输入计算机。
10 infrastructure UbBz5     
n.下部构造，下部组织，基础结构，基础设施
参考例句：
  • We should step up the development of infrastructure for research.加强科学基础设施建设。
  • We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。

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