Real estate, in the long term, still has significant room for development as it provides better housing services and improves living conditions for people. For developers, it is crucial to digest existing inventory, increase bank credit, and prevent the risk of capital chain rupture. The stability of real estate plays a vital supporting role in the recovery of the entire economic system. In terms of promoting high-level opening up, the meeting mentioned institutional openness and the expansion of service industry openness, which are of great significance for attracting foreign investment and enhancing international trade competitiveness. Export trade has always been an important engine driving China's economic growth and is one of the three major drivers.

Currently, some low-end manufacturing industries have seen a transfer of production capacity, which is also the sixth major global industrial shift. Just as it was transferred from Japan and South Korea to China in the past, now some low-end manufacturing is moving to Southeast Asia and India, which is a normal phenomenon. Faced with risks such as the United States' decoupling, we need to increase the added value of our products and the proportion of export trade of advantageous products, especially in developed European and American markets as well as countries along the Belt and Road.

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In recent years, the export of the new three major items - new energy vehicles, photovoltaics, and lithium batteries - has grown rapidly, although it is also constrained by tariffs in some European and American countries. We must firmly support the development of export enterprises and use exports to digest part of the production capacity. Expanding openness is of great significance, and we must always occupy a place in the international market and seek development opportunities in the international market cycle.

Hong Kong, as the city with the highest degree of marketization and openness in China, will also play an important role in export trade. The Hong Kong capital market is also expected to attract more foreign capital inflows when the stock markets in Europe, America, and Japan see a peak and decline, which is significant for promoting Hong Kong's export trade and financial and commercial development. Overall, the Central Political Bureau meeting on July 30 analyzed and studied the current economic situation, deployed economic work for the second half of the year, and effectively boosted investment confidence, playing an important role in stabilizing the economy and enhancing the performance of the capital market.