China's overall demand for residential housing remains sufficient

The overall rigid demand for residential housing and the needs of those who wish to improve their housing conditions in China remained sufficient, a spokesperson for the National Bureau of Statistics (NBS) told a press conference Wednesday.

As various regions and departments further implement supportive measures for the property sector, and a new property development model gradually takes shape, China's property market will see a stable, healthy, and high-quality development in the future, said NBS spokesperson Liu Aihua.