Analysis on real estate industry in China based on the theories of market boundary and industrial value chain

Real estate industry plays a significant role in Chinese economic growth and social progress with its rapid development in recent years. This paper introduces the background of real estate industry in China, reviews the history of its development and then analyzes the situation at present through the theories of market boundary and industrial value chain. Suggestions for the future development of Chinese real estate industry were also put forward at the end of the paper.