There is no Wenzhou model in the world for the disaster of real estate speculation. Wenzhou people who are used to real estate speculation to make quick money have even speculated the local house prices in Wenzhou to the sky-high price of 20 10, which has not recovered so far. 20 1 1 In the first half of the year, the housing price in Wenzhou at its peak was the fourth in the country, surpassing Hangzhou, the capital of Zhejiang Province, and second only to Shanghai, Beijing and Shenzhen. At that time, Wenzhou was at best a second-tier or third-tier city.
Current economic situation in Wenzhou
Wenzhou financing stability, Wenzhou index, is a comprehensive interest rate index of Wenzhou private financing with Wenzhou characteristics, which timely reflects the activity and transaction price of private financial transactions. This is a measure introduced by Wenzhou government to bring private lending into the management system after the collapse of private lending.
With the continuous progress of shed reform, a large number of shanty towns and urban villages in Wenzhou have always been a scar on the image of Wenzhou city. Moreover, these old urban areas are generally accompanied by problems such as narrow roads and insufficient parking lots, which are incompatible with the development of Wenzhou in recent years and restrict the further development of the city.
A few years ago, Wenzhou was powerless, and the civil loan crisis seriously damaged Wenzhou's finance. Even the tallest building in Wenzhou, Wenzhou World Trade Center, was once shut down.