Impact of Rural Housing Reform on Economic Growth and Quality of Life in China: An Analysis from 1998 To 2022

Abstract

The landscape of rural housing and infrastructure has aided vast changes within the past 25 years in China, through the implementation of various policies and measures by the Chinese government. This paper analyzes the specific economic influences of rural housing reform measures that contribute to regional GDP growth from 1998 to 2022. To analyze the data, the paper mainly utilizes the multiple regression model, through which the driving effect of such reforms is disclosed vis-à-vis policies of housing, infrastructure investment, and health care to rural GDP. The disclosed data have proved that these reforms not only propelled economic development but also increased the quality of life for rural residents and balanced the growth of regional economies. The rural revitalization strategy of China is economically proven, and it becomes a reference for related future policymaking.