| After more than20years of tortuous development, China’s property market has developedinto a comprehensive trading platform from a single property market, as a provider of propertyrights transfer, investment and financing services. It has played a very large utility in preservingand increasing the value of the state-assets. However, with the joint-stock reform of state-ownedenterprises have been completed, China’s property market has to look for new breakthroughs inbusiness to achieve sustained development. In view of this, it has a very positive meaning tostrengthen cross-border property business and then gradually build specialized property rightstrading market for the innovation of the property market financing function and establishing ofmulti-level capital market system. At the same time, it provide a platform for foreign companiesinvesting in China and domestic enterprises "going out " for multinational operations due to itsemphasizing in cross-border property rights trading.Combined with the case of XX district, this paper analyzes the necessity and feasibility ofconstruction of cross-border property rights trading market, and problems and solutions in theprocess of establishment. Furthermore, this paper comes up with specific ideas to improve thecross-border property rights trading market system construction. In terms of organizationalsystem, cross-border property rights trading center should adopt company type organizationalform and set up supervision coordination committee under the board to strengthen supervision.In the aspect of trading system, this paper puts forward to introduce joint monopoly marketmaker system which has several franchise market makers. In terms of regulation system,cross-border property rights trading center should combine with government regulation, industryself-discipline, institutions internal control management, and social public opinion supervision. |
