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Underoccupied Developments In China
Underoccupied developments in China are mostly unoccupied newly built property developments in China, and frequently referred to as "ghost cities" or ghost towns. The phenomenon was claimed and recorded as early as 2009 by Al Jazeera's Melissa Chan and subsequently reported by news media over the decades. Although a feature of discourse on the Chinese economy and urbanization in China in the 2010s, many developments that were initially criticized as "ghost cities" in China have since become occupied and are now functioning cities. China's government has set a goal to raise the nation's urbanization rate to around 75% by 2035, which may require the construction of an estimated 40 to 50 million new housing units to accommodate this shift. Some observers argue that China's so-called "ghost cities" are better understood as ambitious urbanization projects built ahead of demand. A 2021 ''Bloomberg'' article cited geography professor Max Woodworth who explained these developments of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of development from beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urbanization In China
Urbanization in China increased in speed following the initiation of the reform and opening policy. By the end of 2024, China had an urbanization rate of 67% and is expected to reach 75–80% by 2035. History Before industrialization China's increase in urbanization was one of the several functions of the surpluses produced from the agricultural sectors in China (farming and pastoral dependency). This judgment is based on (1) the fact that not until the end of the Qing period did Chinese begin importing moderate quantities of foodstuffs from the outside world to help feed its population; and (2) the fact that the handicraft sector never challenged agricultural dominance in the economy despite a symbiotic relationship between them. By the same token, urbanization rarely exceeded ten percent of the total population although large urban centres were established. For example, during the Song, the northern capital Kaifeng (of the Northern Song) and southern capital Hangzhou (of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chenggong District
Chenggong District () is one of seven districts of the prefecture-level city of Kunming, the capital of Yunnan Province, Southwest China, situated on east bank of the Dian Lake. The name Chenggong is a transliteration of the word in Yi language for a basin where rice is grown. Geography Chenggong is located in the southeast of Kunming and borders Yiliang County, Kunming to the east, Chengjiang and Jinning District to the south, Xishan District to the west and Guandu District to the north. History It was first established in 1275. In 1961 it came under jurisdiction of Kunming city. In 2003 Chenggong was designated as a development zone of Kunming. The district was created from the dissolution of the former ''Chenggong County'' () by the State Council on May 20, 2011. Chenggong is the chief zone for Kunming, the downtown of which is almost a 20-minute drive away. It is the site of the new Kunming City Hall, and new campuses for Yunnan University and Yunnan Normal Univer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomsbury Academic
Bloomsbury Publishing plc is a British worldwide publishing house of fiction and non-fiction. Bloomsbury's head office is located on Bedford Square in Bloomsbury, an area of the London Borough of Camden. It has a US publishing office located in New York City, an India publishing office in New Delhi, an Australian sales office in Sydney CBD, and other publishing offices in the UK, including in Oxford. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company was founded in 1986 by Nigel Newton, who had previously been employed by other publishing companies. It was floated as a public registered company in 1994, raising £5.5 million, which was used to fund expansion of the company into paperback and children's books. A rights issue of shares in 1998 further raised £6.1 million, which was used to expand the company, in particular to found a U.S. branch. In 1998, Bloomsbury USA was established. Bloomsbury USA Books for Young Read ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerry Brown (historian)
Kerry Brown (born 1967) is a British historian, author and sinologist specialising in Chinese history, international relations and politics. Brown is a current Professor of Chinese Studies and Director of the Lau China Institute at King's College, London, President of the Kent Archeological Society, and Associate Fellow on the Asia Pacific programme at Chatham House. From 2012 to 2015, he was a Professor of Chinese Politics and Director of the China Studies Centre at the University of Sydney, and from 1998 to 2005, he worked at the British Foreign and Commonwealth Office as First Secretary of the Embassy of the United Kingdom, Beijing from 2000 to 2003, and then as Head of the Indonesia, Philippine and East Timor Section from 2003 to 2005. From 2011 to 2014, he led the Europe China Research and Advice Network (ECRAN) funded by the European Union. Writing Brown is a prolific author on matters relating to contemporary China, having written over 20 books since 2006. His main i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South China Mall
South China Mall () in Dongguan, China (formerly New South China Mall) is the fifth largest shopping mall in the world in both gross leasable area and total area. South China Mall opened in 2005. For more than 10 years, it was mostly vacant as few merchants ever signed up, leading it to be dubbed a dead mall. In 2015, a CNN story reported that large parts of the mall were "full of shops, restaurants and entertainment venues" after extensive renovations and remodeling, though large portions of the mall still remained vacant. But CNN also added that most of the unoccupied units, in addition to halls and walkways, were still under renovation. According to an article published in January 2018, after more than a decade of high vacancy, most retail spaces were expected to be filled soon after renovations and updates to the space. The mall features an IMAX-style cinema, theme park, and marine mammal park. In 2020, ''China Times'' reported that the occupancy rate was 91%, projected t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Resources Mall
Golden Resources Shopping Mall, or Jin Yuan (abbreviated from Chinese: 金源时代购物中心) is a major shopping mall located near the northwest Fourth Ring Road in Haidian District, Beijing, People's Republic of China. It was the largest mall by gross leasable area until 2005, when South China Mall in Dongguan, China was completed. It can be accessed by the Beijing Subway using Changchun Qiao station (Lines 10 & 12) or Landianchang station (Line 12). In older English reports in 2000s, the mall was nicknamed "Great Mall of China" due to its total area of over six floors. At 1.5 times the size of the Mall of America, Golden Resources Mall was the world's largest shopping mall from 2004 to 2005. The mall opened on 24 October 2004. Footfall had been estimated at 50,000 a day, but upon opening was as small as 20 in an hour. At the time, prices were far beyond the purchasing ability of most ordinary Chinese, and the mall was relatively inaccessible, being located in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tianducheng
Tianducheng ( zh, s=天都城, p=Tiāndūchéng), officially Guangsha Tianducheng ( zh, s=广厦天都城, p=Guǎngshà Tiāndūchéng), is a housing estate in :zh:星桥街道, Xingqiao Subdistrict, Linping District, Hangzhou, Zhejiang, Zhejiang Province, People's Republic of China, China that is modeled after Paris. Once labeled a "Underoccupied developments in China, ghost city," the estate has undergone significant growth since its early years. Originally planned to house 10,000 residents, its population increased from about 2,000 in 2013 to around 30,000 by 2017. The city has since expanded several times to accommodate rising demand. History Construction at Tianducheng began around 2007. Its central feature is replica of the Eiffel Tower and of Parisian-style architecture, fountains and landscaping. It opened in 2007, and can accommodate more than 10,000 residents. Initial occupancy was low, with an estimated 2,000 people living in the development by 2013, leading some to la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
