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Economy

China's overall demand for residential housing remains sufficient: spokesperson

November 15, 2023


Abstract : 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.

This aerial photo taken on June 23, 2023 shows residential buildings along the Xuyan River, a tributary of Jinjiang River, in Chengdu, capital of southwest China's Sichuan Province. (Xinhua/Jiang Hongjing)

BEIJING, Nov. 15 (Xinhua) -- 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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