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By 2014, Chinese builders have added 100 billion square feet of housing space in China, equating to 74 square feet per person. Construction of urban housing was a major undertaking. The country has shown a major shift in allocating funds and resources to housing their people, building over 5.5 million apartments between the years of 2003 and ...
The owner of the right to use of residential housing land can possess and utilize such land as collectively owned, and can build residential houses and their accessory facilities. [20] The Law of Land Administration and other regulations will apply to the attainment, exercise and assignment of the right to the use of residential land. [21]
Standard of living in China. Historically, the Chinese economy was characterized by widespread poverty, extreme income inequalities, and endemic insecurity of livelihood. [1] Improvements since then saw the average national life expectancy rise from around forty-four years in 1949 to sixty-eight years in 1985, while the Chinese population ...
Homelessness in China is a social issue. In 2011, there were approximately 2.41 million homeless adults and 179,000 homeless children living in the country. [ 1 ] However, owing to government policies and housing schemes, China has managed, to some extent, to tackle the problem.
Welfare in China is linked to the hukou system. Those holding non-agricultural hukou status have access to a number of programs provided by the government, such as healthcare, employment, retirement pensions, housing, and education. While rural residents traditionally were expected to provide for themselves, [1] in 2014 the Chinese Communist ...
Because housing is a physical object, and China's large population guarantees an ongoing demand for housing, commodity housing is considered a more secure way to store money. Except in some Tier 3 and Tier 4 cities, which have different government regulations, "commodity housing" generally sells as an investment. [2]
In the same decade that it began its economic reforms and began to grow at a record pace, China has experienced never before seen levels of urbanization as the world's most populous economy. In 1978, urbanization within China was only 18%. In 1995, the figure reached 30%, and in 2002 it reached 39%, and in 2012, it reached 52.6%.
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