The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era

Han Wen Xu; Chong Li Xu

doi:doi:10.11648/j.ijefm.20231103.15

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The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era

Han Wen Xu, Chong Li Xu

Published in International Journal of Economics, Finance and Management Sciences (Volume 11, Issue 3)

Received: 14 March 2023 Accepted: 8 May 2023 Published: 18 May 2023

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Abstract

The real estate market is an important part of China's market economy. It is the stabilizer and ballast stone of economic development and is very important to the healthy development of the whole macro-economy. The sudden COVID-19 epidemic has brought earth-shaking changes to the social and economic development, and various industries have been severely challenged, especially causing an unprecedented impact on China's real estate market. The epidemic has had an all-round and profound impact on China's real estate investment, sales and regional layout. In order to ensure the healthy and stable development of the real estate industry and quickly carry out economic recovery after the epidemic, this paper focuses on the impact of the epidemic on economic operation and makes an in-depth analysis of the economic environment and the real estate market. At the same time, this paper also puts forward some development strategies, such as building competitive products, seizing merger and acquisition opportunities, broadening cooperation models and other development strategies. With the effective control of the epidemic, the development of the real estate industry has entered a new trend and a new stage. We should grasp the factors hindering the development of the real estate economy and adopt targeted strategies to provide guarantee for the sustainable development of the real estate economy. There are reasons to believe that China's real estate industry will step into a more healthy development track in the near future.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 11, Issue 3)
DOI	10.11648/j.ijefm.20231103.15
Page(s)	119-126
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

COVID-19 Epidemic, Real Estate Economy, Housing Without Speculation, Regulation and Control, Development Strategy

References

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APA Style

Han Wen Xu, Chong Li Xu. (2023). The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era. International Journal of Economics, Finance and Management Sciences, 11(3), 119-126. https://doi.org/10.11648/j.ijefm.20231103.15

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ACS Style

Han Wen Xu; Chong Li Xu. The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era. Int. J. Econ. Finance Manag. Sci. 2023, 11(3), 119-126. doi: 10.11648/j.ijefm.20231103.15

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AMA Style

Han Wen Xu, Chong Li Xu. The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era. Int J Econ Finance Manag Sci. 2023;11(3):119-126. doi: 10.11648/j.ijefm.20231103.15

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@article{10.11648/j.ijefm.20231103.15,
  author = {Han Wen Xu and Chong Li Xu},
  title = {The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {11},
  number = {3},
  pages = {119-126},
  doi = {10.11648/j.ijefm.20231103.15},
  url = {https://doi.org/10.11648/j.ijefm.20231103.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20231103.15},
  abstract = {The real estate market is an important part of China's market economy. It is the stabilizer and ballast stone of economic development and is very important to the healthy development of the whole macro-economy. The sudden COVID-19 epidemic has brought earth-shaking changes to the social and economic development, and various industries have been severely challenged, especially causing an unprecedented impact on China's real estate market. The epidemic has had an all-round and profound impact on China's real estate investment, sales and regional layout. In order to ensure the healthy and stable development of the real estate industry and quickly carry out economic recovery after the epidemic, this paper focuses on the impact of the epidemic on economic operation and makes an in-depth analysis of the economic environment and the real estate market. At the same time, this paper also puts forward some development strategies, such as building competitive products, seizing merger and acquisition opportunities, broadening cooperation models and other development strategies. With the effective control of the epidemic, the development of the real estate industry has entered a new trend and a new stage. We should grasp the factors hindering the development of the real estate economy and adopt targeted strategies to provide guarantee for the sustainable development of the real estate economy. There are reasons to believe that China's real estate industry will step into a more healthy development track in the near future.},
 year = {2023}
}

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TY  - JOUR
T1  - The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era
AU  - Han Wen Xu
AU  - Chong Li Xu
Y1  - 2023/05/18
PY  - 2023
N1  - https://doi.org/10.11648/j.ijefm.20231103.15
DO  - 10.11648/j.ijefm.20231103.15
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 119
EP  - 126
PB  - Science Publishing Group
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AB  - The real estate market is an important part of China's market economy. It is the stabilizer and ballast stone of economic development and is very important to the healthy development of the whole macro-economy. The sudden COVID-19 epidemic has brought earth-shaking changes to the social and economic development, and various industries have been severely challenged, especially causing an unprecedented impact on China's real estate market. The epidemic has had an all-round and profound impact on China's real estate investment, sales and regional layout. In order to ensure the healthy and stable development of the real estate industry and quickly carry out economic recovery after the epidemic, this paper focuses on the impact of the epidemic on economic operation and makes an in-depth analysis of the economic environment and the real estate market. At the same time, this paper also puts forward some development strategies, such as building competitive products, seizing merger and acquisition opportunities, broadening cooperation models and other development strategies. With the effective control of the epidemic, the development of the real estate industry has entered a new trend and a new stage. We should grasp the factors hindering the development of the real estate economy and adopt targeted strategies to provide guarantee for the sustainable development of the real estate economy. There are reasons to believe that China's real estate industry will step into a more healthy development track in the near future.
VL  - 11
IS  - 3
ER  -

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Author Information

Han Wen Xu

School of Business and Economics, University Putra Malaysia, Selangor, Malaysia
Chong Li Xu

College of Medical Technology, Chongqing Medical and Pharmaceutical College, Chongqing, PR China

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Plain Text BibTeX RIS

APA Style

Han Wen Xu, Chong Li Xu. (2023). The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era. International Journal of Economics, Finance and Management Sciences, 11(3), 119-126. https://doi.org/10.11648/j.ijefm.20231103.15

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ACS Style

Han Wen Xu; Chong Li Xu. The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era. Int. J. Econ. Finance Manag. Sci. 2023, 11(3), 119-126. doi: 10.11648/j.ijefm.20231103.15

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AMA Style

Han Wen Xu, Chong Li Xu. The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era. Int J Econ Finance Manag Sci. 2023;11(3):119-126. doi: 10.11648/j.ijefm.20231103.15

Copy | Download

@article{10.11648/j.ijefm.20231103.15,
  author = {Han Wen Xu and Chong Li Xu},
  title = {The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {11},
  number = {3},
  pages = {119-126},
  doi = {10.11648/j.ijefm.20231103.15},
  url = {https://doi.org/10.11648/j.ijefm.20231103.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20231103.15},
  abstract = {The real estate market is an important part of China's market economy. It is the stabilizer and ballast stone of economic development and is very important to the healthy development of the whole macro-economy. The sudden COVID-19 epidemic has brought earth-shaking changes to the social and economic development, and various industries have been severely challenged, especially causing an unprecedented impact on China's real estate market. The epidemic has had an all-round and profound impact on China's real estate investment, sales and regional layout. In order to ensure the healthy and stable development of the real estate industry and quickly carry out economic recovery after the epidemic, this paper focuses on the impact of the epidemic on economic operation and makes an in-depth analysis of the economic environment and the real estate market. At the same time, this paper also puts forward some development strategies, such as building competitive products, seizing merger and acquisition opportunities, broadening cooperation models and other development strategies. With the effective control of the epidemic, the development of the real estate industry has entered a new trend and a new stage. We should grasp the factors hindering the development of the real estate economy and adopt targeted strategies to provide guarantee for the sustainable development of the real estate economy. There are reasons to believe that China's real estate industry will step into a more healthy development track in the near future.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - The Impact of the COVID-19 on China’s Real Estate and the Development Strategy of Real Estate in the Post Epidemic Era
AU  - Han Wen Xu
AU  - Chong Li Xu
Y1  - 2023/05/18
PY  - 2023
N1  - https://doi.org/10.11648/j.ijefm.20231103.15
DO  - 10.11648/j.ijefm.20231103.15
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 119
EP  - 126
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20231103.15
AB  - The real estate market is an important part of China's market economy. It is the stabilizer and ballast stone of economic development and is very important to the healthy development of the whole macro-economy. The sudden COVID-19 epidemic has brought earth-shaking changes to the social and economic development, and various industries have been severely challenged, especially causing an unprecedented impact on China's real estate market. The epidemic has had an all-round and profound impact on China's real estate investment, sales and regional layout. In order to ensure the healthy and stable development of the real estate industry and quickly carry out economic recovery after the epidemic, this paper focuses on the impact of the epidemic on economic operation and makes an in-depth analysis of the economic environment and the real estate market. At the same time, this paper also puts forward some development strategies, such as building competitive products, seizing merger and acquisition opportunities, broadening cooperation models and other development strategies. With the effective control of the epidemic, the development of the real estate industry has entered a new trend and a new stage. We should grasp the factors hindering the development of the real estate economy and adopt targeted strategies to provide guarantee for the sustainable development of the real estate economy. There are reasons to believe that China's real estate industry will step into a more healthy development track in the near future.
VL  - 11
IS  - 3
ER  -

Copy | Download