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Seo expate
Aug 03, 2022
In General Discussions
The World Bank's China Economic Brief, released in June, concluded that by the end of 2021, China's real estate investment accounted for 13% of GDP, compared with only 5% in OECD countries; "If supply chain inputs are considered The real estate industry accounts for about 30% of China’s GDP.”"Therefore, a disorderly adjustment in the real estate sector will have significant economic consequences." The solution proposed by the World job email list Bank to China to solve the current real estate problem is that the goal of the policy in the short term should be to stabilize the market and create conditions for the orderly reorganization of the market. The protest by depositors of rural banks in Henan was another major event that raised concerns about China's financial stability, before the issue of mortgage loan cuts by owners of "unfinished buildings" attracted widespread attention.To this end, the State Council Information Office of China held a press conference on July 13. Sun Tianqi, director of the Financial Stability Bureau of the People's Bank of China, said at the meeting that the Bank of China is stable and financially stable.
what is the proportion of real estate in China's economy content media
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Seo expate
Aug 03, 2022
In General Discussions
Over the past 20 years, China's real estate industry has developed rapidly and has become one of the main engines of economic growth. The housing prices in first-tier cities such as Beijing and Shanghai in China are among the most expensive in the world. The ratio of housing prices to residents' income is far higher than that of major cities in the world such as New York, Paris, Tokyo and London. The World Bank's China job email list Economic Brief, released in June, concluded that by the end of 2021, China's real estate investment accounted for 13% of GDP, compared with only 5% in OECD countries; "If supply chain inputs are considered The real estate industry accounts for about 30% of China’s GDP.”"Therefore, a disorderly adjustment in the real estate sector will have significant economic consequences." The solution proposed by the World Bank to China to solve the current real estate problem is that the goal of the policy in the short term should be to stabilize the market and create conditions for the orderly reorganization of the market.
The economic proportion of real estate in China content media
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