China's economy transitioning not derailing: Davos experts
Xinhua |
Updated: 2016-01-22 08:21
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| Zhang Xin, chief executive officer and co-founder, SOHO China attends the session 'Where Is the Chinese Economy Heading?' of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 21, 2016.[Photo/Agencies] |
She argued that, in real estate sector in China, property leasing is very strong and real asset values are rising even as listed real estate companies trade at huge discounts in the public markets.
Despite criticism, China is making strong progress: domestic consumption has grown from 49 percent of GDP five years ago to 52.5 percent now.
