China

Contents

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p. v-v

Acknowledgements

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p. vi-vi

Visits were made to a wide range of construction companies, sites, architectural and engineering practices, design institutes, specialist trade contractors and other organisations in China, Hong Kong and other ...

Foreword

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pp. vii-viii

In 1979. one year after the introduction of the open door policy by the People's Republic of China. Levett and Bailey was appointed to act as quantity surveyors for the 800-room Jinling Hotel in Nanjing. the first high-rise international ...

The Sponsors

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pp. ix-xiv

Ch. 1. Introduction

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pp. 1-6

Levett and Bailey Chartered Quantity Surveyors was established in Hong Kong in 1962 as a firm of construction-cost consultants providing cost management and financial administration Of the construction process from feasibility

Ch. 2. China in Perspective

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pp. 7-26

During 1978-79 Deng Xiaoping became the paramount leader of the People's Republic of China (PRc) and launched China's economic reforms as a platform for modernisation. The last twenty years have seen dramatic changes as China moved from a centrally controlled communist slate towards a socialist ...

Ch. 3. Foreign Investment Enterprises

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pp. 27-46

Foreign investment in China can take several forms: -equity joint ventures, -co-operative ventures (or contractual joint ventures). -compensation trade -wholly foreign-owned enterprises -processing and assembly Joint venture arrangements ...

Ch. 4. The Financial System

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pp. 47-62

China 's financial system, particularly the role of its banks has changed significantly in recent years. Prior to modernisation the banks acted essentially as cashiers allocating fund s in accordance with state plans. Recent years have seen increasing ...

Ch. 5. The Construction Market and Development

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pp. 63-98

The land on which the buildings required for a joint venture are constructed is usually contributed by the Chinese party to the joint venture . The ability of the Chinese partner to offer land in this way has come about through the reform of the land tenure ...

Ch. 6. Design

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pp. 99-120

A regulation issued by the State Development Planning Commission requires foreign design practices to work with PRC design institutes. It is mandatory for all foreign designers' drawings and specifications to be checked. approved and chopped by a design ...

Ch. 7. Construction

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pp. 121-144

As referred to in Chapter Five, irrespective of the arrangements made for setting up the construction team, a PRC construction company or companies will actually undertake the construction. It is therefore important for joint venture clients, foreign ...

Ch. 8. Contracts and Costs

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pp. 145-166

In the early years of China's reforms, cultural differences could be seen clearly between the PRC attitude to construction contracts and the contents of western types of contract. The traditional PRC contract envisages the two parties 'working ...

Ch. 9. Cost Management

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pp. 167-188

The organisations and processes involved in indigenous projects. Three principal organisations are involved in the construction of indigenous buildings in the PRC. They are, using PRC terminology, the development unit (client/owner), the contractor and the design ...

Appendix

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pp. 189-190

Selected Bibliography

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pp. 191-196

Index

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pp. 197-199