On December 8th, 2016, the training of “Real Estate Economy under Macroeconomic Situation”, organized by Zhongtian College and taught by Dr. Lin Jiang, a doctoral tutor at Sun Yat-sen University, was successfully completed in the training room on the third floor of Zhongwei Building.
Based on the importance of this training, Mr. Ye Shaobin, the human resources director of the group, made a simple opening and introduced the present speaker to everyone.
In the course of teaching, Professor Lin introduced the challenges faced by the current economic situation with the political background of the US presidential election, including continued downward pressure, falling prices, and narrowing corporate profits. These tests have made the current economic market less confident, and most of the people are very pessimistic about the economy. At the same time, however, there are still many economists' expectations and possibilities for a warming of the national economy. Professor Lin believes that the uncertainties and risks of the external economic environment are increasing. We need to accept the reality of the current international investment situation and seek breakthroughs and solutions.
From a macro level, taking the relationship between Singapore and the United States and the relationship between the United States and Taiwan as an example, it describes in detail the changes in the exchange rate of the US dollar against the RMB and the impact on the national economic trend. Analyze the domestic economic market situation from global macro issues, so as to better understand the development trend of the national real estate economy. That is to say, in the face of the huge risks of the global economy, the real estate financial risk will rise. Taking the US dollar interest rate increase as an example, the Fed’s interest rate increase will reduce the exchange rate of the RMB against the US dollar, and the real estate capital will depreciate. At the same time, the interest rate increase will This has led to the outflow of funds and accelerated the decline of the manufacturing industry. Therefore, looking at the whole world, changes in the national conditions of the United States will lead to the greatest risks. We need to keep an eye on hot topics to better avoid the risks of the national economy.
Starting from the national conditions in which China's GDP growth rate has been declining year by year, the impact of housing prices on the economy and GDP has shown a positive trend, focusing on the current difficulties in the economy of Dongguan, including the squeeze in the Guangzhou and Shenzhen markets and the downturn in the local manufacturing economy in Dongguan. The reform of the supply side is not complete, and the implementation of the innovation and entrepreneurship policy has not reached expectations. Professor Lin believes that the current global economic structure is difficult to predict, and the reasons for its impact on the economic trend are complex and diverse. Whether it is geographical factors or demographic factors, we should start from many aspects and conduct in-depth analysis to more accurately predict risks. The economy of the real estate industry is still in the mainstream of the economy, and will continue to maintain a steady upward trend in the short term.
The training with the example brings a clearer direction of economic analysis to colleagues. Whether Dongguan is a manufacturing city or a modern service city (including cultural creativity, law, finance, etc.), it is worthy of our Zhongtian people. Think together.