Technology Mar 01, 2022 08:58 AM (GMT+8) · EqualOcean
CITIC Securities pointed out that considering the driving effect of real estate and infrastructure on the upstream and downstream industrial chain and that the proportion of real estate in GDP (2021) is 2.1 percentage points higher than that of infrastructure, the bottom supporting effect of infrastructure on the economy is not weak. As the "steady growth" policy enters the acceleration period, we expect the infrastructure growth rate to achieve about 8% in the first quarter, and the macro economy can achieve a smooth transition in the first quarter.
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