第一太平戴维斯（Savills）：2024年中国房地产展望报告（英文版）（24页）.pdf

1、China Real Estate OutlookSPOTLIGHTSavills ResearchChina Research-2024目录2目录3ContentsLiving Are further declines expected in 2024?Why are investors piling into the rental housing market?How are demographics shaping future housing trends?Working When will the office market start to recover?What are Gra

2、de B office prospects given the surge of new high-spec supply?What are the future office needs of various industries?ConsumingWhat are Chinese consumers still consuming?Is the retail market facing consumption downgrade?Consumer options outside of shopping malls?Producing Will 2024 witness a recovery

3、 in the logistics market?Will the demand for green warehousing continue to rise?Is there still room for improvement in reverse logistics under the circular economy?Financing Will the debt crisis be alleviated in the future?How big will the market size of C-REITs be in the future?Where is the next in

4、vestment opportunity?456 7911131415161718192021Historically,Chinas residential policies have predominantly emphasized demand-side controls.However,there has been a recent shift in focus towards supply-side reform.The gradual introduction of detailed policies for affordable housing development is exp

5、ected to transform Chinas residential market into a dual-track system,encompassing social housing and commodity housing.Notably,in the 14th Five-Year Plans of the four first-tier cities,affordable rental housing constitutes over 40%of the new residential supply.Similar to global markets,the affordab

6、le housing system,inclusive of rental housing,is tailored for low-income households facing limited housing options,particularly in major urban centres.Concurrently,market-oriented housing targets enhanced needs and offers an improved living environment.Residential properties have been a cornerstone