JD.com's Shen on China Property

The transcript discusses China's economic challenges, focusing on the impact of COVID-19 policies and the housing market. It highlights the need for policy changes to boost domestic demand and stabilize the economy. The discussion includes the potential for economic recovery and growth in the coming year, emphasizing the importance of reopening and housing market stabilization.

What role does the housing market play in consumer spending according to the speaker?

How does the speaker view the relationship between domestic demand and the overall economic recovery?

What does the speaker believe will happen to the property developers in the first half of next year?