SHANGHAI, Sept. 14 (SMM) – China reported a big increase in real estate development investment during January-August.
China Private Fixed Asset Investment Growth Slows Down during January-August 2017
Real estate development investment nationwide totaled 6.95 trillion yuan during January-August, up 7.9% year-on-year on a nominal basis.
Investment in residential buildings, which took up 68.3% of total real estate investment, rose 10.1% year-on-year to 4.74 trillion yuan.
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