JLL names new Greater China Chief Economist and Head of Research

Shanghai, 12 July 2022 – JLL today announced the appointment of Bruce Pang as Chief Economist and Head of Research in Greater China, effective from July.

He will lead the Greater China research team in the regional hubs and work closely with Daniel Yao, Head of Research in China, to strategise JLL's long-term growth plans in Greater China and provide business units essential support for their business development endeavours. He will also be a key participant in JLL's global research effort to solidify the strong JLL brand globally by extending thought leadership through industry research.

"We are delighted to have Bruce join us here at JLL to continue to build on our Greater China research capabilities. With ample knowledge and experience in advising global and Greater China clients, I believe Bruce will support the strategic growth of our Greater China research team alongside the expansion of our businesses in this key market," said Roddy Allan, Chief Research Officer, Asia Pacific at JLL.

Bruce's prior working experience spans both Mainland China and Hong Kong. He joined JLL from China Renaissance Securities where he was Head of Macro and Strategy Research. Before that, he was an Equity Strategist at HSBC Global Research and managed more than 20 research analysts as Head of China Support Centre. He was educated in Beijing, Hong Kong and the US for his undergraduate and graduate degrees. He holds a PhD from the University of Hong Kong in Economics.

Bessie Lee, Chief Executive Officer at JLL in Greater China, said: "We see great opportunities in Greater China. We are excited to have Bruce on board to enhance our thought leadership and provide on-the-ground market research as well as topical reports that cater specifically to our clients and the global market. His track record in providing advice to clients around the world will no doubt add tremendous value to our client offerings."

Bruce Pang, Head of Research and Chief Economist at JLL in Greater China, said: "China is the second-largest economy in the world and a market that JLL has substantial knowledge of and experience in. I am excited to join this capable team and look forward to working with the team to further strengthen JLL's position in the real estate market."

The JLL Greater China research team of more than 50 dedicated researchers has a solid reputation providing first-hand real estate market information and insights in over 20 key cities in the region. They are also dedicated to delivering thought-leadership research in areas such as Future of Work, ESG, Capital Markets, conventional as well as rising alternative property types. Leveraging leading data analytics platforms including MapIT and Tableau, the team is able to consolidate internal and external data resources and deliver clients with Smart Analytics based on comprehensive market insights. The Greater China team has also been an avid contributor to JLL's global city research effort, having produced a series of papers over the past two decades on the evolution of Chinese cities.