Economist forecasts China's real estate expansion within 1-2 years

In a recent interview with China Perspectives, Li Daokui, director of Tsinghua University's Academic Center for Chinese Economic Practice and Thinking, highlighted the enduring importance of the real estate industry in China's economy for the next 15 to 20 years. He predicted a return to real estate market expansion within one to two years, underscoring its pivotal role in China's economic future.