Real estate stabilization key to bolstering China's overall economic growth, expert says

Zou Yunhan, deputy director of the Macroeconomic Research Office at the State Information Center's Department of Economic Forecasting said in an interview with China Perspectives that within the package of incremental policies announced by Chinese policymakers, real estate is regarded as a key area due to its crucial role in driving the overall economy as well as its influence on both upstream and downstream industries. "I believe it will take time to see the policies take effect gradually, and there may be further adjustments based on the situation," she added.