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Urban Affairs Review, Vol. 36, No. 5, 620-645 (2001)
DOI: 10.1177/10780870122185028

Urban Housing Reform and Finance in China

A Case Study of Beijing

Ya Ping Wang

Edinburgh College of Art/Heriot-Watt University

Housing policies introduced in China in 1998 aim to end the distribution of housing by employers and set up new housing finance and market systems. The author examines policy development and practice in Beijing and evaluates the performance of the new housing finance mechanisms. Although the 1998 policies were a major step forward, the system created is very different from that in a market economy. Employers still have a major role to play in housing, although they will not be directly involved in construction and distribution. The new housing finance system shows some distinctive features as well.


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