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CF40 Youth Forum on How to Realize a Virtuous Cycle between the Real Estate Sector and Financial Markets

Since 2022, the real estate market has been declining due to multiple factors and is still struggling to bottom out. Recently, some would-be home owners have announced that they would withhold mortgage payments on stalled projects, which has attracted public attention. What are the main challenges facing the real estate market? How to prevent risks from spreading into the financial market? How could the financial sector help to “ensure the delivery of homes, people’s livelihood, and market stability”? How to realize a virtuous cycle between the real estate sector and financial markets as well as their sound development?

To address the above questions, China Finance 40 Forum (CF40) held a Youth Forum on July 28th, themed on how to realize a virtuous cycle between the real estate and financial sector.

The seminar kicked off with a keynote speech by Mr. Meng Xiaosu, President of the China National Real Estate Development Group, on the impacts of the cooling housing market on the economy and how to promote the stable and sound development of the market. Following Mr. Meng was Ms. Pan Aimin, Chief Economist of Vanke Group, who delivered a speech themed on how to restore the healthy cash flows of real estate developers. The last keynote speaker was Mr. Zhang Yu, Managing Director and Head of Greater China Property Research at CICC, who outlined the risks facing the real estate market and suggested policy response in the short- and long-term.

Giving comments on the speeches were Ms. Nie Meisheng, Honorary President of China Real Estate Chamber of Commerce, and Mr. Wang Yi, CF40 Member and Vice President of China Everbright Group.

The second half of the seminar featured a discussion joined by all participants. The seminar ended with responses from the keynote speakers to questions raised during the discussion.

The event was moderated by Dr. Zhang Bin, CF40 Senior Fellow and Deputy Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.