美银：中国2026年GDP增长4.7% 一线城市房价率先回暖

Group 1 - The chief economist of Bank of America Securities for Greater China, Qiao Hong, forecasts that China's GDP growth rate will reach 4.7% for the full year of 2026 [1] - It is expected that more counter-cyclical adjustment policies will be introduced in mainland China to support economic growth close to target levels by 2026 [1] - To continuously stimulate domestic demand, monetary policy in mainland China is anticipated to be moderately accommodative, with two 10 basis point interest rate cuts expected in 2026 [1] Group 2 - The policy interest rate reductions are likely to occur in the first and second quarters of 2026 [1] - Qiao Hong indicated that the downward trend in the real estate market is expected to bottom out in 2026, with first-tier city housing prices likely to recover first [1] - Once the housing market in first-tier cities stabilizes, the recovery trend is expected to gradually transmit to the second and third-tier city markets [1]