久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Transitioning toward stable growth, quality

By WANG YING in Shanghai | China Daily | Updated: 2022-07-25 09:13
Share
Share - WeChat
Potential homebuyers look at a model of a housing project in Taiyuan, Shanxi province, on July 9. Residential property transactions started to stabilize since May, and the trading volume of major Chinese cities' home markets surged about 50 percent month-on-month in June. WEI LIANG/CHINA NEWS SERVICE

Experts: Troubled real estate has turned the corner, and things are looking up

After a period of adjustment, China's debt-ridden real estate sector, which is still considered a key pillar of the world's second-largest economy, is seeing signs of stabilization. Such signs are particularly visible in first- and second-tier cities. Industry experts suggested the residential market may recover in the second half of the year on the back of sustained growth.

Residential property transactions started to stabilize since May, and the trading volume of major Chinese cities' home markets surged about 50 percent month-on-month in June. The sector is on track to recover as the pandemic appears to be well under control by and large, and supportive measures to drive rational home demand are starting to take effect, said Xie Chen, head of research with CBRE China, a commercial real estate services and investment firm.

"We expect home sales in the second half will continue the recovery trend, and first- and second-tier cities with strong fundamentals would take the lead in the market rebound," said Xie.

"The industry has entered a new development phase, and we are waving adieu to the old days of pursuing scale expansion and growth speed," said Yu Liang, chairman of China Vanke, a prominent realty company, during a shareholder meeting in late June.

Although there have been recent instances of some homebuyers refusing to make mortgage payments due to delayed delivery or stalled construction of their presold homes, their impact on the realty and banking industries would be insignificant as associated financial risks are manageable and under control, experts said.

"Only a very low proportion of property projects in China are experiencing a delivery delay or construction standstill. Homebuyers' refusal to pay mortgage is more of a warning to push property developers to resume construction," said Hui Jianqiang, head of research at Beijing Zhongfang-Yanxie Technology Service Ltd.

"In fact, we shouldn't play up these refusals. And homebuyers wouldn't risk their personal credit as long as there's still a chance to settle the issue legally," Hui said.

Should there be any impact, the regulators concerned will deal with it, said Chen Sheng, president of the China Real Estate Data Academy.

An official from China's top banking and insurance regulator, who requested anonymity, said on July 14 the simple solution to the problem of delayed deliveries of some presold homes is to ensure timely deliveries.

From the regulator's perspective, that is paramount, the official said, adding the authorities concerned will implement the decisions and principles announced by the Communist Party of China Central Committee and the State Council, China's Cabinet. For instance, the regulator will continue to uphold the principle that "housing is for living in, not for speculation", and help stabilize land and housing prices as well as expectations.

Lian Ping, chief economist at Zhixin Investment and head of the Zhixin Investment Research Institute, said the conventional golden season of property transactions, which falls in the September-October period, is expected to be normal this year in key Chinese cities.

"Though the conventional golden September and silver October would not be as hot as they used to be due to macroeconomic pressures and some homebuyers' wait-and-see attitude, pent-up demand due to the COVID-19 impact may gradually come into the market from the third quarter," Lian said.

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 中国国语毛片免费观看视频 | 亚洲日韩中文字幕在线播放 | 国产毛片久久国产 | 91国内精品久久久久免费影院 | 国产或人精品日本亚洲77美色 | 美国一级免费毛片 | 国产精品欧美亚洲韩国日本不卡 | 国产黄毛片 | 亚洲最大看欧美片网站 | 国产高清在线精品一区二区三区 | 欧美一级毛片黄 | 毛片免费观看日本中文 | 最近韩国日本免费免费版 | 热er99久久6国产精品免费 | 97视频免费观看2区 97视频免费上传播放 | 成人毛片在线视频 | 色怡红院| 亚洲免费美女视频 | 一级做a爰全过程免费视频毛片 | 手机在线一区二区三区 | 欧美极品video粗暴 | 国产成人精品综合网站 | 久草资源网站 | 国产一区二区三区免费在线观看 | 97影院理论片 | 国产手机在线精品 | 国产手机精品a | 欧美美女网站 | 51国产偷自视频区视频手机播器 | 国产亚洲人成在线影院 | 精品久久久久久久 | 成人久久久久久 | 视频一区视频二区在线观看 | 91在线永久 | 影院亚洲 | 亚洲 欧美 在线观看 | 免费一看一级欧美 | 欧美日韩色黄大片在线视频 | 精品免费久久久久欧美亚一区 | 99ri在线观看 | 毛片国产 |