For more on the topic, we're joined by Professor Zhu Ning from the Shanghai Advanced Institute of Finance of Shanghai Jiao Tong University.

Q1. The property market saw a big recovery...a boost to the economy.  What do you think of the reasons for it?

Q2. First-tier cities like Shenzhen and Shanghai had policies to calm the market, but they are also the cities seeing the biggest price hike...why is that?