Strategy on the Development of Housing Financial Transaction among Banks in China

摘要

From the moment that Chinese Government cancelled the welfare-oriented public housing distribution system in 1998, in a short period of four years, the housing situation of the Chinese urbanite changed enormously. The per capita construction area is up to level of 24.7 square meters from fewer than 8 square meters. Investigation shows more than eighty percent family have bought houses, and nearly 48% family wealth is reflected for the value of the house property. This indicates China urban has said good-bye to the house shortage era. Chinese financial system has offered very good guarantee for development of the real estate business of China. Especially banks in China have played an important role in housing development. However, the banks face with a lot of problems and competitions in the development of housing financial transaction. The paper analyzes the current situation of Chinese real estate in the first part, and renders the problems of housing financial transactions among banks in China. The paper also has proposed the strategy on the development of housing financial transaction among banks in China.