Guangdong regional property market report in the first half of 2021 From Poly investment advisor
The following is the Guangdong regional property market report in the first half of 2021 From Poly investment advisor recommended by recordtrend.com. And this article belongs to the classification: Chinese economy, research report.
The global economy has entered the stage of resonance recovery. With inflation rising, the currency may gradually withdraw from easing. China maintains the economic advantage of first recovery. With the gradual popularization of wide currency and vaccine, the global economic recovery is resonant and divided. The leading indicators of PMI of major economies are in the boom range, and the economic recovery of some countries such as India lags behind under the counterattack of the epidemic.
The domestic economy continued to recover steadily. Affected by the low base of last year, the GDP in the first quarter increased by 18.3%, the troika rebounded, and the current increase is now narrowed. The export margin weakened (the growth rate dropped to 28% in May), but it still performed strongly; In the first half of the year, the issuance of government special bonds was slow, the growth rate of fixed investment was in a negative range, and the growth rate may pick up in the third quarter; Real estate investment maintained a high boom and became the main support for economic growth. Social zero has been repaired slowly, and industrial production has maintained a vigorous trend. It is expected that the production end will drive the steady release of consumption in the second half of the year.
After the epidemic last year, the financial performance was positive and stimulated the economic recovery. The financial postposition feature of 2021 was obvious. The progress of general public budget expenditure from January to may reached 37% of the annual budget, lower than the level of 2018 and 2019 in normal years. The issuance pace of special bonds was slow. As of May, the scale of new special bonds was 572.6 billion yuan, and the issuance progress was only 16.5%, significantly lower than that of previous years. It is expected that the finance will remain basically stable in the second half of the year, and the subsequent issuance of special bonds will be accelerated, paying more attention to investment growth and stabilizing people’s livelihood.
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