Shanghai University of Finance and Economics President Liu Yuanchun: The real estate sector has passed its most dangerous moment, new policies are coming.

Liu Yuanchun, president of Shanghai University of Finance and Economics, stated at the China Macro-Economic Forum's monthly data analysis meeting that the real estate sector has passed the most dangerous moment. This is because the impact of the real estate sector on China's macro economy has significantly decreased, and there is no "gray rhino" risk in the real estate sector. However, he also emphasized that real estate remains the biggest problem facing China's macro economy, and the stability of real estate remains the foundation of China's macroeconomic stability. "In order to do well in the economy, of course, we need a series of new policies in the real estate sector. I believe that new policies should be coming soon."