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The research perspective of "China Urban Competitiveness Report No.15" has shifted from simple inter-city comparison to the national economic and social development pattern and change trend from the perspective of cities, and there are new discoveries and breakthroughs as follows: first, the new pattern of economic space supported by the integration of East and China and the urban agglomeration system has become clearer; Second, the economic growth rate has slowed down, and urbanization has entered a phased adjustment and will continue to advance steadily in the future; Third, economic transformation and upgrading is in the stage of differentiation and development; Fourth, the development of small and medium-sized cities is not sustainable.On the basis of continuing the theoretical framework of previous reports, this report has greatly simplified and revised the index system, constructed three major competitiveness index systems, tried to use big data technology to collect key data, highlighted the important role of key indicators in urban competitiveness, and helped to measure the competitiveness of a city more reasonably.The annual theme of this report is "Housing Price System: Levers and Traps of China's Transformation and Upgrading", including three parts: the new discovery and theory of the housing price system, the Chinese empirical evidence of the housing price system, and the Chinese story of the housing price system, the main findings are as follows: First, China will form a multi-level and multi-center urban system: East and China are integrated, one network and five belts; Second, China will form a multi-level housing price system; Third, it is inevitable that there will be a certain moderate bubble in housing prices in central cities: real estate has financial attributes, and real estate investment has spatial liquidity and uncertainty; Fourth, China's housing price system is dynamically changing, and will evolve in a new direction with changes in market conditions; Fifth, the housing price system is a lever for transformation and upgrading, and it may also be a trap for transformation and upgrading; Sixth, the housing price system will in turn affect the urban system; Seventh, there is a spillover effect on the housing prices of surrounding cities in the central cities of urban agglomerations.In the sub-reports and regional reports, the patterns and phenomena are analyzed from multiple angles, and the internal laws of relevant variables are deeply explored. According to the new index system and framework structure, this report analyzes the relationship between and within provinces and cities, including Hong Kong, Macao and Taiwan, as well as their relationship between scientific and technological innovation, transformation and upgrading, and housing prices.（AI翻译）
