High-quality homes for sustainable growth
By Wang Ying in Shanghai | China Daily | Updated: 2019-09-23 07:38
Residential realty rides tech advances, green wave, urbanization and policy supports
China's residential property market, which is still considered a key economic indicator, may appear down and out at the moment, but unexpected good tidings are adding to the buoyant mood generated by the celebrations of 70 years of the founding of the People's Republic of China.
Like the economy, China's residential property industry is transitioning from high growth to high quality. And that is a game-changer with potential long-term implications for the whole economy, experts said.
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