What industry is likely to replace the real estate industry in the future economic growth?

What industry is likely to replace the real estate industry in the future economic growth?

First, the real estate industry in the past.

From the rapid development of real estate around 2000 to now, the real estate industry has experienced rapid development for about 20 years, which is also the golden age of real estate. The rapid development of real estate has driven the growth of many industries. Real estate has directly and indirectly driven the development of more than a dozen industries. In the past, real estate really played a very good role in driving economic growth. However, in the future, the real estate industry will change from a sunrise industry to a sunset industry, which cannot continue to drive economic growth.

Second, what industry will replace the real estate industry to stimulate economic growth in the future?

At present, due to the particularity of the real estate market, it is difficult to have an analogy industry to replace real estate. Due to technological progress, the number of employees in the manufacturing industry has decreased. Retail, medical care, education and new energy industries are all in the training period. The maturity of the market and the number of people who can afford employment are far from supporting economic development, because these industries belong to the category of tertiary industry and belong to separate industries with improved quality of life. Different from the real estate industry, which is not only a residential function, but also has many additional functions, especially the traditional family culture of China people and the continuous urbanization process, the real estate industry has become an important pillar industry of the national economy and people's livelihood.

Therefore, it is very certain that traditional industries will not be able to replace real estate, and only emerging industries can replace real estate to stimulate economic growth. I think the industries that will replace real estate in the future are strategic emerging industries, including high-end manufacturing, new energy, new consumption, biomedicine, artificial intelligence and other industries. They will take over the baton of real estate driving economic growth and continue to promote steady economic growth.

In addition, traditional industries that value assets cannot replace the real estate industry, such as cement, glass, building materials and other industries. The most promising industries in the future are technology-driven industries and enterprises that conform to double innovation, that is, innovation and creation. Because our labor bonus has ended and our scale advantage has been lost, we must drive the sustainable development of enterprises and industries through technology to produce high-end products and products with added value and competitiveness.