China's overall demand for residential housing remains sufficient

2023-11-15 15:01:49Xinhua Editor : Mo Honge ECNS App Download

Potential homebuyers look at property models during an expo in Harbin, Heilongjiang province. (LIU YANG/FOR CHINA DAILY)

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.


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