中國地產巨頭萬達和萬科宣佈聯手

China’s two biggest property companies are joining forces to buy land and develop new projects, the latest sign of how the real estate industry is adapting to the end of a housing market boom.

中國兩大地產公司將聯合拿地和合作開發新項目，這是中國房地產業適應地產泡沫終結的最新表象。

China Vanke, the country’s largest homebuilder by revenue, and Dalian Wanda, owner of China’s top commercial developer, on Thursday announced a “strategic co-operation agreement” that will cover both domestic and international markets.

週四，中國營收最高的住宅建築商萬科(Vanke)和大連萬達(Dalian Wanda)公佈了一份《戰略合作框架協議》，該協議將同時涵蓋國內和國際市場。

“This alliance between two prominent real estate players spearheads a new direction for the domestic real estate industry,” they said in a joint statement.

兩家公司在一份聯合聲明中表示，兩家知名房地產商的結盟，爲國內房地產業開闢了新的方向。

As the multiyear boom in China’s property market has come to an end, developers have started to shift away from simply building and selling property towards business models based on income from rental and property management services.

隨着持續多年的中國房地產市場繁榮走向終結，開發商已開始從簡單的修建和出售物業，向基於出租收入和物業管理服務收入的商業模式轉型。

While both Vanke and Wanda are investing heavily overseas, the two have little overlap inside China.

儘管萬科和萬達都對海外開展了大量投資，兩家企業在中國國內的業務卻沒什麼衝突。