"Expansion of domestic demand" curtain opened

Entering 2021, a new round of "expansion of domestic demand" will kick off, tapping the potential of consumption, increasing public 

consumption, urban renewal, and rental housing construction will continue to accelerate. The steel trader told the reporter of "China Metallurgical News" that with the implementation of the more vigorous "expansion of domestic demand" policy this year, my country's huge domestic demand potential will be stimulated. In terms of consumption expansion, efforts will be made to tap potential consumption capacity and increase public consumption; in terms of investment promotion, investment in new infrastructure and manufacturing will increase, and urban renewal and modern logistics will also usher in more opportunities.

On January 21 this year, the Ministry of Housing and Urban-Rural Development released statistics: In 2020, 40,300 new urban and old communities will be renovated nationwide, benefiting about 7.36 million residents. The "China Housing Development Report (2020-2021)" previously released by the Chinese Academy of Social Sciences predicts that in the absence of major policy changes and other external shocks, my country's property market will continue to operate smoothly in 2021, and the construction of a guaranteed leasing market The pace will be further accelerated. From this point of view, the construction of the real estate leasing market may become a highlight of the "steel demand" in 2021.

Steel traders believe that in 2021, my country’s rental housing, the transformation of old urban communities, and the construction of new urbanization will become key areas for “expansion of domestic demand”.