Jingdong Chief Economist Shen Jianguang: Properly Developing the Capital Market Will Help Boost Consumption

GateUser-bd883c58 · 2026-04-06T05:01:07+00:00

How does AI · Property Income Growth Depend on Stock Market Performance?China News Service, March 27 – (Xue Yufei) at the Boao Asia Forum 2026 stated that doing well in the capital market is of great significance and can increase residents' property income. The Shanghai Composite Index rising from 3,000 to 4,000 points is a significant progress, and the wealth effect of capital is crucial for promoting consumption. In the past, property income as a share of Chinese residents' income declined rapidly. If the capital market can pick up, it will help promote consumption and stabilize economic operation.

GateUser-bd883c58

2026-04-06 05:01:07

Ask AI · How does growth in property-based income depend on stock market performance?

China News Network March 27 (Xue Yufei) At the 2026 annual meeting of the Boao Forum for Asia, Shen Jianguang, JD.com Group’s vice president and chief economist, said that doing well in the capital markets is highly significant and can increase residents’ property-based income. The Shanghai Composite Index rising from 3000 points to 4000 points is a major improvement; the wealth effect of capital is crucial for promoting consumption. In the past, the decline in property-based income among income of Chinese residents was fast. If the capital markets can be developed, it will be beneficial for promoting consumption and stabilizing economic operations.

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