Property News · October 2, 2019

Property technology has the potential to create a multibillion dollar market as China looks for new growth engines


Property technology can become the new growth engine for China’s slowing real estate sector as hundreds of smart cities being built across the mainland give technology firms an opportunity to create a multibillion-dollar market leveraging artificial intelligence, blockchain and big data.Industry experts say the use of proptech in developing and managing properties can spur consumption, enhance efficiency and cultivate a feel-good factor to boost business morale.Daniel Yao, head of research at…

Source : South China Morning Post
Read more…Property technology has the potential to create a multibillion dollar market as China looks for new growth engines