Basic Knowledge of Chinese Real Estate Law Reader: Since its inception, the Chinese real estate industry has been a key target of macroeconomic regulation and control due to its important position and role in the national economy The macroeconomic control measures of a country can be divided into two categories: one is hard coercive measures such as laws and administration, and the other is soft guiding measures such as taxation and credit. The other is soft guiding measures such as taxation and credit.