China’s Real Estate Financing Research

For real estate, real estate financing has been the primary problem, and howeffective the management of the capital chain is the key to survival of a company.Since2014, due to inhibition of real estate investment and the financingdeleveraging, there is a serious phenomenon that real estate businesses are tieddown by banks. In addition, because of the decline of real estate profit, lots ofcompany refer to low-cost financing, all of these will lead to the real estate financialinnovation.By studying finance theory and the application in the field of real estatefinancing at home and abroad, the paper started from the16kinds of real estatefinancing models to explain the current situation and basic characteristics of China’sreal estate corporate financing, and analyzed the factors affecting the real estatefinancing decisions and current problems. Then I took Vanke the leading companyof the real estate as an example, after macro and micro analysis of Vanke I putforward some proposals to China real estate financing.The study shows: in order to solve the problem of real estate financing, the firstthing we must do is to improve the company’s overall ability, then diversify thefinancing channels. And also, we need to improve the proportion of direct and non-credit financing, seek some more innovative financing model. Obviously, to do goodrisk prevention and risk early warning is necessary, too.