Property investment up 21.6% in first 4 months Business


Source: chinadailyhk.com chinadailyhk.com

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Nearly 3.02 trillion yuan of the total was used for residential development, up 24.4 percent on a yearly basis, according to the National Bureau of Statistics. Property investment growth slowed down during the four months compared to an increase of 25.6 percent in the first three months, further eclipsed by a 28.8 percent rise in residential property investment between January and March from a year ago, it said. Property investment growth slowed down during the four months compared to an increase of 25.6 percent in the first three months, further eclipsed by a 28.8 percent rise in residential property investment...