Here's your summary from Former PBOC Adviser Li on China Economy, Property (https://www.youtube.com/watch?v=0XTce7Pc9QY) on the Bloomberg Television channel:
**TLDR:** Former PBOC Adviser Li discusses strategies to boost confidence in China's property sector, emphasizing the need to support developers and issue more central government debt.
1. Former PBOC Adviser Li suggests providing liquidity to developers and issuing more central government debt to stabilize the property market.
2. He highlights the importance of supporting developers to prevent defaults and financial market shocks.
3. Li expresses concerns about China's technological progress impacting labor and emphasizes the need to focus on the consumption side of the economy.
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