The core of the 2.4 trillion won New Deal is to expand government investment. If implemented quickly, comprehensively and accurately, it will change people's worries about the sharp economic decline in 2008 and some people's expectations that the economic growth in 2009 and 20 10 will be less than 8%. With the investment of $400 billion in the fourth quarter, the economic growth of 10% in 2008 is expected to be guaranteed. With the 4 trillion fund put into operation, the growth level in 2009 and 20 10 may also be around 10%. If the external environment is improved, the growth level may be higher.
1. The New Deal not only changed people's economic expectations, but also created investment opportunities. All investment fields defined by the New Deal include agricultural production and rural infrastructure, production and services related to general consumption, construction of affordable housing and related industries, construction and improvement of roads, railways and airports, construction and improvement of livelihood industries related to the whole social security and safety system, financial services, especially financial services that support small and medium-sized enterprises to develop environmental protection industries, and so on. There may be huge room for growth in the next few years. As a big country in Asia, China is superior to other Asian countries in terms of political stability, workers' level, banking system and supervision integrity. International capital not only invests in China's real estate, but also in China's economy.
2. It is the confidence in China's future economy that makes international funds throw olive branches to China's real estate industry even though the real estate situation is not good. The biggest challenge faced by China real estate developers is themselves. Only by adjusting our mentality and maintaining a stable and healthy mentality can we better attract international funds. At the end of 2008, the central government issued an investment-driven policy. At first, it cost 400 billion yuan in the fourth quarter of 2008, and later it expanded to the whole 4 trillion yuan. The central financial expenditure108 billion yuan has exceeded 1 120 billion yuan. Issuing 3G licenses in advance is also a short-term measure to deal with the global economic crisis.