Economists urge China to ramp up housing rescue package to propel growth – Business Standard

Economists are advising China to increase its housing rescue package in order to boost economic growth. The experts believe that ramping up efforts in the housing sector could help propel the country’s overall economic performance.

The call for a stronger housing rescue package comes as China continues to face challenges in its economy, particularly in the property market. By focusing on providing support for the housing sector, economists believe that China can stimulate growth and improve its economic outlook.

It is important for China to take decisive action in addressing the issues in the housing market, as it plays a significant role in the country’s economy. By implementing a comprehensive rescue package, China can not only stabilize the property market but also create new opportunities for growth and development.

Economists are optimistic that by prioritizing the housing sector, China can set the stage for a more robust and sustainable economic recovery. With the right policies and support in place, China can pave the way for long-term growth and prosperity for its citizens.