googlecrashgame| The central bank's new real estate finance policy helps: Pro-cyclical recovery is significant

News summary

The central bank issued a new policy on real estate finance, and the State Council promoted equipment renewal and consumer goods replacement. Stimulated by various policies, the real estate market and pro-cyclical industries showed a significant recovery trend.

Newsletter text

[The central bank launches a new real estate finance policy to help the market recover pro-cyclical]

The central bank announced on May 17, 2024googlecrashgameA series of new financial policies targeting the real estate market have been introduced. These new policies start from two dimensions: promoting the digestion of existing real estate and optimizing incremental housing supply. The goal is to increase real estate demand and thereby promote a pro-cyclical recovery of the market.

In the same month, the State Council issued the "Action Plan to Promote Large-scale Equipment Renewal and Consumer Goods Swap for New" on March 7, 2024. This plan is expected to further stimulate equipment investment and the consumer market, and provide new momentum for the growth of macro data.

The implementation of this series of policies indicates that the real estate market will receive significant support in optimizing and stimulating demand, and also injects new vitality into the pro-cyclical recovery.