1. The development of Vanke
Vanke was founded in 1984, when the real estate market in China was still in its infancy. Wang Shi saw the potential of the market and decided to set up his own real estate company. At first, Vanke was just a small developer, but with Wang Shi's diligence and keen business insight, the company quickly achieved success.
/kloc-during the 1990s, the real estate market in China developed rapidly, and Vanke seized the opportunity to expand rapidly. The company began to March into first-tier cities and develop high-grade residential and commercial real estate projects. The success of these projects has won Vanke a reputation and wealth.
In the 2000s, Vanke continued to expand its scale and further consolidated its position in the real estate market in China. The company began to set foot in more fields, such as property management and hotel industry. These diversified businesses enable Vanke to maintain steady growth in different market environments.
2. Wang Shi's business strategy