• Yilin Hou
Part of the Politics and Development of Contemporary China book series (PDCC)


The Introduction offers some broad and essential background into the “why” of this project. From the late 1970s to the early 2010s, China was successful in achieving double-digit annual GDP growth. Since 2013, the country’s growth rate has slowed to between 6 and 7 percent, which is still very high compared to that of most other countries. The huge successes of the 30-plus years of high economic growth include, among others, two aspects that are closely related to the theme of this monograph: urbanization and large-scale housing construction for urban residents. This monograph offers a detailed analysis, as a case study, of China in its muddling through of financial reforms toward adopting a local real property tax.


  1. Chen, X. B. (2010). Retrospective: Mid-1990s reform of the housing provision system (1990年代中期住房制度改革回顾). 陈学斌(口述)汪文庆 刘一丁(整理)(中国共产党新闻网, July 15, 2010).Google Scholar
  2. Ren, Z. P. (2016). A study of Chinese real estate cycles. 任泽平《中国房地产周期研究》. Available at

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© The Author(s) 2019

Authors and Affiliations

  • Yilin Hou
    • 1
  1. 1.The Maxwell SchoolSyracuse UniversitySyracuseUSA

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