China's property investment up 4.4 pct in 2021
Xinhua
17 Jan 2022, 17:05 GMT+10
BEIJING, Jan. 17 (Xinhua) -- China's investment in property development rose 4.4 percent year on year in 2021, data from the National Bureau of Statistics (NBS) showed Monday.
Last year, the property investment stood at around 14.76 trillion yuan (about 2.32 trillion U.S. dollars), NBS data showed.
Compared with the same period in 2019, property investment climbed 11.7 percent, putting the two-year average at 5.7 percent, NBS data showed.
Investment in residential buildings went up 6.4 percent from 2020 to nearly 11.12 trillion yuan in 2021.
Subscribe and Follow
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More Information
27
℃
UK to investigate anti-competitive Google ad sales
LONDON, England: The UK's Competition and Markets Authority has launched its second investigation into the advertising sales practices of Google.According ...
Starbucks announces closure of all outlets in Russia
SEATTLE, Washington: Following the decision of McDonald's, Seattle-based Starbucks said this week that it will exit the Russian market after ...
Turkish lira falls to 15.65 against U.S. dollar
ANKARA, Turkey: The Turkish lira dropped 1 percent in value for an eighth consecutive session to beyond 15.65 against the ...
Tesla says will assemble 2,600 cars per day in Shanghai
SHANGHAI, China: Tesla plans to restore production at its Gigafactory 3 plant in Shanghai to pre-COVID-19 lockdown levels by this ...
Deere manufacturing slows due to supply problems, shares fall
MOLINE, Illinois: After missing Wall Street revenue targets, Deere and Co. said it was having difficulty securing parts for its ...
Vietnam fires head of stock exchange over corruption
HANOI, Vietnam: Vietnam's government announced that it has removed Le Hai Tra, general director of the Ho Chi Minh Stock ...
Kenya's apex bank opens Chinese-built tower
NAIROBI, May 26 (Xinhua) -- The Central Bank of Kenya (CBK) on Thursday opened its Chinese-built tower, the CBK Pension ...
S.Korea's population mobility keeps falling for 16 months
SEOUL, May 25 (Xinhua) -- South Korea's population mobility kept falling for 16 straight months last month owing to the ...
Shanghai to resume offline business of shopping malls
SHANGHAI, May 24 (Xinhua) -- Offline business of shopping centers and department stores will resume starting June 1, the Shanghai ...
