Editor's note: As part of our special coverage on the 2023 Two Sessions, CGTN is launching a special series called Foresight 2023 to help you better understand the state of the Chinese economy. We talked to several top economists of leading financial institutions to get their perspectives on the country's growth, trade, investment, and development prospects.

China's housing market has been showing steady recovery this year on the back of several long-term measures aimed at promoting the stable development of the sector. In an interview with CGTN, Pang Ming, chief economist for Greater China at JLL says more supportive policies are necessary to sustain market expectations and put the sector on a healthy and sustainable development path.

Read more: 

Foresight 2023: China to attract more FDI with clear opening-up messages

Foresight 2023: Financial stability, economic security essential to maintain economic growth

Foresight 2023: China prepared to balance risk management, economic growth

Foresight 2023: China's foreign trade shows remarkable resilience, surpasses expectations