China's real estate market is the fifth most active in the world, the agency report said

With a lot of infrastructure investment, effective government policy and strong domestic economic development, China has become the fifth real estate investment Market in the world, with the top four countries in the United States, UK, Germany and Japan, respectively, Tangwen.　　Colin Dyer, president and chief executive of Daikoling, said in an exclusive interview with the first financial daily reporter that international investors remain optimistic about the long-term trend, in view of the continued bullish outlook on China's economic growth, despite the policy constraints affecting the current Chinese property market. Jones Bank recently issued a "China real estate market: Fast toward maturity report, according to the analysis of 22 major cities in the world, China's two first-tier cities such as Beijing and Shanghai have jumped to the two-tier market this year, and ranked 11th and 10th place.　　In 2000, however, the two cities were ranked 15th and 14th in the three-tier market (emerging markets). Daikoling said that in the past two or three years, the Chinese real estate market transactions are mainly dominated by local developers. Driven by local capital, China quickly ranked as the fifth-largest real estate market in the world. The reason is due to local developers ' familiarity with the market and optimistic confidence. "Domestic money will still play a leading role for some time to come." "From the performance of the two cities in Beijing and Shanghai, it has become the fastest-growing market maturity in the past 10 years, but there is still a significant gap compared with those of the ' first tier ' cities," he said. Daikoling also points out that the attractiveness of China's real estate market is still limited compared with mature markets in developed countries.　　As prices rise too fast, the return on investment is lower, and the risk level is higher than those in mature markets. In the past three years, only 17 billion of China's commercial real estate direct investment has come from overseas. This also means that for international investors, there are still some risk factors to consider. "The increase in Cross-border capital flows is still limited in the short to medium term, given the current restrictions on capital flows." "However, the growth of China's economy in the past 2006-2009 years has made China's real estate market one of the markets with the smallest decline in capital values." Daikoling that, from this point of view, China's first-tier cities return on investment and Paris, Los Angeles and other mature cities close. That is one of the things that overseas funds keep bullish on the Chinese market. "At the corporate level, China will be a major target for our future attention."