改革后的景观由更偏向市场为导向制度的形成和“门户开放”政策所描绘。经济全球化与市场化，尤其是城市土地和住房领域正在成为决定改革后中国城市发展关键变量。自1978年中国改革开放以来，境外投资持续涌入城市并在城市发展中发挥了重要作用。在第一轮经济改革（ 1978-1992 ）中，城市政策在受社会主义制度的内部约束下得到制定。然而自1992年起，土地和住房大量市场化以及房地产领域外国资本的流入已使城市发展的景象开始发生质的变化。现在，中国正在争取成为世贸组织（WTO）的成员。全局和局部力量“协同”效应将继续改变中国城市。本文旨在展示这两个变量的初步审查，然后探讨城市规划和房地产增长的影响。
The postreform landscape is characterised by the formation of a more market-oriented system and the ‘open-door’ policy. Economic globalisation and marketisation, especially in the arena of urban land and housing, are becoming the key variables determining the postreform urban development in China. Since China opened its door in 1978, foreign investment has continued to flow into the cities and played a vital role in urban development. In the first round of economic reform (1978–1992) urban policies were formulated under the internal constraints of a socialist system. Since 1992 onwards, however, substantial marketisation in land and housing and the inflow of foreign capital into real estate have begun to qualitatively change the scene of urban development. Now China is moving closer to the World Trade Organisation (WTO) membership. The ‘synergetic’ effect of global and local forces will continue to transform urban China. This paper therefore aims to offer an initial examination of these two variables and then to explore of the implications for urban planning and real estate growth.