Among the three major industries in China, the secondary industry accounts for more than 50%, focusing on state-owned enterprises and real estate-related industries. Another data is that China's economic investment accounts for about 50%, and real estate direct investment accounts for about 15%. Considering that real estate can drive about 40 industries, the actual proportion of GDP may reach more than 30%. It should be said that real estate contributes a lot to the national economy.
In order to reduce household savings, real estate is the main means to recover funds. The practice of these years shows that if there is no real estate, the economy will inevitably slow down, and it is not an exaggeration to say that it is a pillar industry.