Premier Li Keqiang once again proposed "stabilizing the property market" Experts believe that "a new round of supportive policies is expected to be launched"

According to Xinhua News Agency, on August 18th, Premier Li Keqiang presided over the ninth meeting of the State Council. Li Keqiang emphasized the need to take strong measures to consolidate the real estate market's stabilization trend, promote the renovation of urban villages and old dilapidated houses as part of urban renewal, and unleash the demand for improvement. Experts interviewed believe that following the Central Political Bureau meeting, bringing up real estate again in a high-level meeting sends a positive signal to the market, further clarifying the policy goal of "stabilizing the market" in real estate, which is beneficial for stabilizing market expectations. It is expected that there is room for further policy strengthening at the central level, and a new round of support policies is likely to be initiated.