News & Insights Across Asia
China’s major cities have introduced new real estate policies to stabilize and stimulate the property market, signaling a potential rebound and renewed confidence in the nation’s housing sector.
WEF’s Matthew Blake commends China’s efforts to enhance affordable housing supply and develop its REITs market, while noting ongoing challenges and the importance of government guidance for financial stability.
China sets a 5% GDP growth target for 2024, emphasizing stable employment, innovation, and consumption to boost confidence in the commercial real estate sector.