Estate Industry: Property and Liu Daoming

estate industry: Liu Daoming, chairman of Myhome Group, told the forum that there are at least two decades ahead for the spring to continue in the property market, according to Global Times China. There will be much time needed for the process of urbanization and improvements in housing constructed prior to the 1990s, according to a report by yicai on Sunday. During the 2019 Yabuli China Entrepreneur Forum in Northeast China's Heilongjiang Province on Sunday, several entrepreneurs in the real estate industry expressed an upbeat attitude toward the huge growth scope for the Chinese property market in the long run. Yufeng Capital Chairman Feng Lun noted although the residential property is now showing a slowing growth pace due to lukewarm buyer demand under policy regulation, the non-residential sector has just begun to climb in large scale. China has made obvious achievements in stabilizing its home prices in the past two years, particularly in such first-tier cities as Beijing and Shanghai, through measures to crack down on speculation. We should keep a forward-looking mind, Feng was quoted as saying in the report. (news.financializer.com). As reported in the news.