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Economy

China's property investment up 3.7 pct in Jan-Feb

March 15, 2022


Abstract : China's investment in property development rose 3.7 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday.

Aerial photo taken on Feb. 17, 2020 shows buildings under construction in Nanguan District of Changchun City, northeast China's Jilin Province. (Xinhua/Zhang Nan)

BEIJING, March 15 (Xinhua) -- China's investment in property development rose 3.7 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday.

During the period, property investment stood at around 1.45 trillion yuan (about 227.42 billion U.S. dollars), NBS data showed.

Investment in residential buildings went up 3.7 percent from a year earlier to near 1.08 trillion yuan in the Jan.-Feb. period.

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Keyword: property investment

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