Interpretation of the New Policy on Expanding Domestic Demand in the Industry: Encouraging the Development of Home Building Materials Industry

The executive meeting of the State Council held a few days ago identified ten measures to further expand domestic demand and promote economic growth. Among the ten measures, the first one is related to real estate, that is, “accelerating the construction of affordable housing projects. Increasing the support for low-rent housing construction, accelerating the transformation of shantytowns, implementing nomadic settlement projects, and expanding pilot projects for dilapidated houses in rural areas. “People in the industry believe that the importance attached to real estate protection can not only promote the real estate industry, but also play a role in promoting the home building materials industry.

According to reports, the Deputy Director of the China Index Academy, Chen Hao, said: “From the front, the real estate development has a significant role in stimulating investment. The 50-60 industries downstream of real estate, such as steel and cement, are all building materials. It can benefit from this, not to mention that real estate construction can help solve the employment problem; on the other hand, housing security is a livelihood project, which is different from the psychological impact of increasing investment in commercial housing. Although the proportion of affordable housing is small, it can help the market. Expected positive adjustments. Therefore, housing protection is actually a strong driving force."


Cao Yuanzheng, chief economist of BOCI, also believes that a large number of investment housing, such as affordable housing, is an effective way to boost domestic demand in the short term. The model of commercial real estate suppresses people’s consumption impulses, develops affordable housing in a low-profit model, and can quickly bring about more than 50 related industries such as building materials and home appliances. “This is the case when there is a potential pit in economic growth. Pit the fastest way."


Lin Gaobao, chairman of Green Island Furniture, also stated that the state plans to invest about 4 trillion yuan by the end of 2010, in fact, considering that the crisis may last longer. Although most of the investment is spent on the construction of many infrastructures, it can boost the economy, increase people's confidence, shorten the duration of the crisis, and influence the promotion of the furniture industry. Industry insiders have expressed that the home building materials industry will accept the New Deal.

Media reports home furniture cement

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