China Real Estate

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China denounced Saturday the decision of the American government to sell some weapons in Taiwan for an amount of 6.5 billions of dollars.

The Chinese government has all along paid great attention to special education. With the initiation of the reform and opening policies in 1978, China's special education entered a new development period.

Housing reforms began in China with a sizable rent increase, followed by subsidized purchases of old and new public-owned housing by its tenants. The administration of housing construction and sales was split in order to meet varying consumer demands. Current government policy categorizes housing as commodity, low-profit, cost-balance and standard.

In 2005, China's online game market competition was fierce in all categories, and more than 20 online game products released every month. By the end of 2005, more than 200 online game products were available on the market, of which less than 10 percent of products were profitable. Nevertheless, the growth of overall market shares of online game is still fast with generous profits. The actual sales revenue of China's online game market reached RMB 3.77 billion in 2005, up by 52.6 percent over the year of 2004.

Having largely overcome problems of maintenance, safety, aging fleets, SARS and rampant illegal ticket discounting, China's aviation market is starting to do very well, with probably the fastest growth rates of any market in the world on the back of a huge and increasingly mobile population.

The national Development and Reform Commission released the suggestions on strictly restraining from the unordered construction of power station projects in Nov 2004. The issue of this suggestion and macro control policies has caused some influences, especially on the situation of electricity short and even leading to an over-plus situation.

With China emerging as the global economic power and becoming a major global focus, the Government of Cananda is in the process of developing a five-year comprehensive apporoach to engaging China as a strategic partner.