BEIJING http://www.ducksauthority.com/authentic-hampus-lindholm-ducks-jersey/ , Jan. 3 (Xinhua) -- Land sales increased in Chinese cities last year as the government moved to cool the market with higher supply, according to the China Index Academy, a property research organization.


Land sales in 300 Chinese cities totaled 950.36 million square meters in 2017, up 8 percent from 2016, while sales of land for residential projects reached 354.33 million square meters, an increase of 24 percent year on year.


Land sales in major cities like Beijing, Shanghai and Guangzhou were particularly robust http://www.ducksauthority.com/authentic-giovanni-fiore-ducks-jersey/ , as local governments increased land supply to cool down runaway house prices fueled by huge demand and limited supply.


In China's first-tier cities, land sales jumped 46 percent year on year to 29.79 million square meters last year, according to China Index Academy.


Boosted by surging sales, revenue from land transactions rose 36 percent to 4.01 trillion yuan (about 620 billion U.S. dollars) in a total of 300 Chinese cities.


China's property market, once deemed a major risk for the broader economy, cooled in 2017 amid tough curbs such as purchase restrictions and increased downpayment requirements as the government sought to rein in speculation.


Due to these efforts, both investment and sales in China's property sector slowed. Real estate investment rose 7.5 percent year on year during January-November http://www.ducksauthority.com/authentic-derek-grant-ducks-jersey/ , down from 7.8 percent in the first 10 months.


Property sales in terms of floor area climbed 7.9 percent in the first 11 months, retreating from 8.2 percent in January-October.


With the market holding steady, Chinese authorities are aiming for a "long-term mechanism" for real estate regulation, and a housing system that ensures supply through multiple sources and encourages both housing purchases and rentals.


A report from the National Academy of Economic Strategy predicted that the country's property market would remain stable in 2018 if there were no major policy shocks.




ZHENGZHOU, July 11 (Xinhua) -- Clutching a pile of design sketches and watching planes pass by, American professor John H. Kasarda is mapping out China's first aerotropolis.


Kasarda, a professor at the University of North Carolina http://www.ducksauthority.com/authentic-dennis-rasmussen-ducks-jersey/ , the founder of the aerotropolis theory, and an expert in aviation economics, is now serving as a consultant to help Zhengzhou, capital city of central China's Henan Province, build itself into an aviation-oriented metropolis.


He believes that in the future, cities will be oriented around a central airport. Around that airport, clusters of aviation-linked businesses and associated residential developments will crop up http://www.ducksauthority.com/authentic-corey-perry-ducks-jersey/ , marking the next step in globalization.


Zhengzhou was approved as the nation's first air economic zone by the State Council, China's Cabinet, early this year. Since then, it has been on a fast track of transitioning from a railway-pivoted economy to an aerotropolis.


The construction of a modern aerotropolis covering 356 square km is currently under way, with Zhengzhou Xinzheng International Airport at its center.


Guo Gengmao, secretary of the Henan provincial committee of the Communist Party of China, has recommended Kasarda's book http://www.ducksauthority.com/authentic-chris-wagner-ducks-jersey/ , "Aerotropolis: The Way We'll Live Next," to the province's 2 million officials.


"What attracts me the most is the understanding by Zhengzhou City and Henan Province government leaders of the potential the aerotropolis model has for their region and their strong will to move forward in applying the model," Kasarda said.


"I first learned about Zhengzhou and its economic potential when doing research on China four years ago. However, it wasn't until the past three times that I fully appreciated just how dynamic and promising Zhengzhou is," he said.


Dubbed "Super Ka" by local media, he has become somewhat of a local celebrity. He said he feels like the hero of his favorite movie, "Up In The Air" -- a frequent flyer enjoying his life full of air travel.


"I am currently focusing exclusively on Zhengzhou and its Airport Comprehensive Experimental Zone http://www.ducksauthority.com/authentic-cam-fowler-ducks-jersey/ ," he said, praising the city's historic culture, great foundation of labor forces and how easily it connects to other parts of China.


Zhengzhou has a great location advantage, as it takes only about an hour and a half to travel to two-thirds of China's cities that hold three-fifths of the nation's population.


Worldwide, some aerotropolises, including those in Amsterdam, Chicago http://www.ducksauthority.com/authentic-brandon-montour-ducks-jersey/ , Dubai and Hong Kong, have become a significant driving force for the economy, according to Kasarda.


Despite the lackluster world economy, enthusiasm for developing aertropolises has remained high in China.


Statistics from the Civil Aviation Administration of China (CAAC) show that the number of airports nationwide will increase to 244 by the end of 2020, 61 more than in 2012.


Altogether, 54 air economic zones are planned to be built around the country, a 2012 CAAC report suggests.


"Aerotropolis development is more like a marathon than a hundred-meter dash http://www.ducksauthority.com/authentic-antoine-vermette-ducks-jersey/ ," he advised the city planners, adding that achieving the goal requires 1 percent vision and 99 percent hard work.


"With intelligent planning and dedicated efforts, Zhengzhou has a real opportunity to get its aerotropolis right, and in so doing, generate a remarkably positive economic impact on the city, the province, the nation http://www.ducksauthority.com/authentic-antoine-morand-ducks-jersey/ , and perhaps surrounding countries," Kasarda added.

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