June 2024

Volume 07 Issue 06 June 2024
Impact of Rural Housing Reform on Economic Growth and Quality of Life in China: An Analysis from 1998 To 2022
1Yu Xiao, 2Doris Padmini Selvaratnam
1,2Universiti Kebangsaan Malaysia
DOI : https://doi.org/10.47191/ijsshr/v7-i06-03

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ABSTRACT

The landscape of rural housing and infrastructure has aided vast changes within the past 25 years in China, through the implementation of various policies and measures by the Chinese government. This paper analyzes the specific economic influences of rural housing reform measures that contribute to regional GDP growth from 1998 to 2022. To analyze the data, the paper mainly utilizes the multiple regression model, through which the driving effect of such reforms is disclosed vis-à-vis policies of housing, infrastructure investment, and health care to rural GDP. The disclosed data have proved that these reforms not only propelled economic development but also increased the quality of life for rural residents and balanced the growth of regional economies. The rural revitalization strategy of China is economically proven, and it becomes a reference for related future policymaking.

KEYWORDS:

Rural housing reform, GDP growth, infrastructure investment, healthcare expenditure, rural revitalization, economic development, China, regional economic growth, quality of life, policy analysis.

REFERENCES
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2) Hoggart, K.. (2021). The Political Economy of English Rural Housing. Springer, Cham.

3) Huang, C., Deng, L., Gao, X., Luo, Y., Zhang, S., & Liu, L.. (2013). Rural Housing Land Consolidation and Transformation of Rural Villages under the “Coordinating Urban and Rural Construction Land” Policy: A Case of Chengdu City, China. 4(3).

4) Long, H.. (2020). Land Use Transitions and Rural Restructuring in China.

5) Yao, P., Jia, Q., Liu, J., & Yamaka, W.. (2022). Reform of Collective Land for Construction and Rental Housing and the Growth of Farmers’ Property Income: Evidence from China. 12(1).

6) Zvyagintseva, O., & Zvyagintsev, S.. (2022). Substantiation of prospects for the development of housing construction in rural areas. 2.
Volume 07 Issue 06 June 2024

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