CEIBS's Rui on China's Economic Forecast

The transcript discusses the current situation in Shanghai, where a professor is quarantined due to COVID-19. It explores the potential for China's economic recovery as the country reopens, with growth projections ranging from 4% to 6%. Challenges such as the closure of small businesses, high unemployment, and a sluggish property market are highlighted. The government's 16-point plan aims to support real estate developers, but its impact on housing sales remains uncertain. The overall outlook suggests a cautious but optimistic recovery, with a focus on government measures to stimulate growth.

What does the professor say about the government's priority regarding economic growth?

What is the significance of the 16-point plan mentioned in the text?