High-speed urbanization brings " City Operator"
Joseph E. Stiglitz, famous American economist, said that there are two greatest factors influence the development of the world in 21st century, one is America's new economy, the other is China's urbanization.
Currently, the proportion of urbanization in China is only 40%, there is a 30% gap to reach to 70%, the steady-level benchmark. Until 2020 or 2025, the urbanization is high-speed advancing in China, and there will be over 400 million rural residents move to cities in the period. More new cities will be established in the 20 years in China, which drives the "City Operator" growing faster.
City Operators are rich of capitals. Under superior government policy and program, they focus on innovation and land development. And they aim at realizing win-win-win of government, citizens and themselves.
The real estate enterprises in China enter the ages of Industrial Real Estate
In recent years, many kinds of industry parks established in China, such as Economy Development District, Metropolis Industry Park, New District, Media Industry Park, Innovation Industry Park, University Industry Park and the Second-Centre of City.
Industrial Real Estate enterprises are blooming in current China¡¯s market resulting from growing market demands and favorable policies. In view of constricted government macro-manipulation to the real estate enterprises and residential and office property markets¡¯ limited demands, it seems that Industrial Real Estate is the last chance for real estate developers. In an undeveloped market, the land can be purchased at a low price. Several enterprises were aware of the trend 10 years before, like Treasureway (Singapore) and Prologis (US); and they entered China¡¯s real estate market and have won many cases so far.