The phased adjustment of the real estate industry is conducive to the elimination of backward production capacity and structural optimization!
“China’s real estate still has solid support to achieve high-quality and sustainable development.” Sheng Laiyun, deputy director of the National Bureau of Statistics of China, said in Beijing on the 18th
Sheng Laiyun analyzed at a press conference held by the Information Office of the State Council of China that day that China’s real estate has continued to maintain high growth for nearly 20 years, making an important contribution to China’s economy maintaining high-speed growth and medium-to-high-speed growth during that period. But real estate, like other industries, cannot sustain high growth. After reaching a certain stage, it is normal for adjustments to occur. Moreover, such adjustments are conducive to the elimination of backward production capacity, structural optimization, and especially the high quality of the real estate industry. develop.
He further pointed out that there is still strong support for the continued high-quality development of real estate. From the perspective of China’s development stage, it is still in the stage of economic transformation and upgrading and high-quality development. The per capita GDP has just exceeded 12,000 US dollars. There is considerable room for improvement in terms of both quantity and quality of urbanization. This means that rigid demand and improvement demand are still relatively large. In addition, China has achieved a moderately prosperous society in all respects. As people’s living standards improve, there is also great potential for improved demand for housing. Judging from these fundamentals, China’s real estate still has solid support to achieve high-quality and sustainable development.
The phased adjustment of the real estate industry is conducive to the elimination of backward production capacity and structural optimization!
From last year to this year, China introduced a series of optimization policies to stabilize real estate. He pointed out that judging from the preliminary implementation, there are still positive effects. The decline in real estate investment narrowed. The decline in the area of newly started real estate construction also narrowed in September, and narrowed significantly.

“Judging from these indicator data, we believe that the role of real estate optimization policies is continuing to be released and has positive effects. Of course, there is still a process for the policy to be implemented, and the implementation of the policy must be implemented in the later period.” Sheng Laiyun said.