China's National Bureau of Statistics has reported a 4.8% year-on-year GDP growth for the first nine months of 2024, highlighting the world's second-largest economy's steady performance. However, officials emphasize the need for stronger demand to sustain this growth.
At the 2024 Financial Street Forum, CGTN engaged with two real estate investors who expressed optimism about the economy's rebound. They believe that the recently announced stimulus package, rolled out by officials in late September, will further bolster economic activity and support the real estate sector.
The stimulus measures are expected to enhance market confidence and encourage investment, providing a significant boost to the real estate market. As China continues to navigate its economic challenges, the positive outlook from investors indicates a promising trajectory for future growth.
Reference(s):
cgtn.com
