Source: Hong Kong Zhongtong News Agency

Reporter: Ye Yongcheng

Pan Gongsheng, president of the People's Bank of China (central bank), pointed out in Beijing to attend the China Development High -level Forum 2024 Annual Meeting that there have been some positive signals in the real estate market, and long -term healthy and stable development has a solid foundation.On the 26th, some interviewed industry believes that the expectations of regulation and relaxation of localities are increasing. After the Spring Festival, the sales volume of new houses and second -hand housing has been rebounded. This year, the sales area and sales of new commercial housing are expected to be stable.

Pan Gongsheng pointed out at the forum on the 25th that China's economy has maintained a good situation and has the ability to achieve the expected growth goal of about 5%throughout the year.Since the beginning of this year, monetary policy has increased the adjustment of counter -cycle, the policy effects have continued to appear, and there are still sufficient policy space and rich tool reserves in the future.The People's Bank of China will combine the needs of the regulatory situation, flexible, accurately and effective implementation of stable monetary policy, strengthen counter -cyclical regulation efforts, take the maintenance price, promote the promotion of prices as an important consideration to grasp the monetary policy, and continue to create a good economic recovery to create a good recovery of the economy.Good monetary and financial environment.

"China's financial system is stable, financial institutions are generally healthy, and risk resistance is strong. Some positive signals have appeared in the real estate market. Long -term healthy and stable development has a solid foundation.P>

Pan Gongsheng continued: "The level of debt of the Chinese government is at the bottom level of the middle reaches, and the relevant policies that resolve the risk of local government debt are gradually working. China has established an effective financial security network, including improving financial institutions, including improving financial institutionsCompany governance, strengthening financial supervision, strengthening the protection of resource protection, exerting the functions of the last lender, and strengthening the protection of the rule of law.

Pang Ye, chief economist and director of research department of Greater China, told Hong Kong Zhongtong News Agency on the 26th that data from January to February this year show that at the demand side, although factors such as high base effects have led to year -on -yearThe decline in sales area has expanded, but the sales volume of new houses and second -hand housing after the Spring Festival show a rise.At the supply side, the decline in the decline in real estate development and investment across the country has further narrowed, showing the promotion of real estate financing coordination mechanism, "three major projects" (affordable housing, urban village reconstruction, and "public infrastructure" public infrastructure)Optimizing the positive factors such as land supply, so that corporate funding guarantees and real estate development investment have improved marginal improvement.

Pang Ye predicts that the fundamentals of the real estate market in the first quarter will continue to improve, and the policies of various local demand -side policies are expected to be further optimized and adjusted. The price of new houses is expected to have a steady recovery of the transaction scale and the structure of transaction volume.The activity of the city and the core location market will steadily improve, and the completion of the background of the insured intersection will maintain a strong growth rate. Real estate development investment and new construction are expected to continue to maintain a restoration trend.

According to the market public statistics, in terms of the market A office building, the total supply of supply has remained high, which increased by 54%in the fourth quarter of last year; the supply of supply in first -tier cities was concentrated.In the fourth quarter, the net absorption volume in major cities increased significantly, rising by 81%month -on -month; the demand for financial and professional service industries remained active.The owner's "price exchange" lease strategy has continued, and it is expected that there is still room for market rents this year.

In terms of the high -quality retail property market, the resumption of passenger flow has driven the "service economy", the consumption recovery shows a structural trend, and the new supply of supply is high and low in the year.EssenceThe annual vacancy rate continues to decline, and the changes in supply pressure superimposed on the supply pressure have led to a lease detection in the fourth quarter.