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10 data highlights of China's economy in H1 (11)

(China Daily)    09:24, July 17, 2019

A property model attracts visitors during an industry expo in Dongguan, Guangdong province. [Photo by An Dong/For China Daily]

10. Real estate investment

China's real estate investment increased 10.9 percent year-on-year in the first half of this year, according to the National Bureau of Statistics. Commercial housing sales measured by floor area came in at 757.86 million square meters in H1, down 1.8 percent year-on-year.

Adhering to the policy that "houses are for living, not for speculation”, local governments have kept differentiated policies based on local conditions, ensuring stable and healthy development of the real estate market, Liu Jianwei, a senior statistician at the NBS, said.


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(Web editor: Zhao Tong, Bianji)

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