久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Industries

China's real estate investment growth slows in 2014

(Xinhua) Updated: 2015-01-20 14:12

China's real estate investment growth slows in 2014

A property construction site in Nanjing, capital of Jiangsu province. [Photo provided to China Daily]

BEIJING - China's real estate investment continued to grow in 2014 but at a much slower pace than the previous year, marking increasing pressure on the overheated sector, official data showed on Tuesday.

China's real estate investment gained 10.5 percent year on year to 9.5 trillion yuan ($1.55 trillion) in 2014, data from the National Bureau of Statistics (NBS) showed.

The growth rate was down by 9.3 percentage points from 2013 after a losing streak throughout last year.

China's property market experienced a slump with home price drops in most cities as developers were confronted with sluggish sales, lower fund raising and diverging markets.

Investment in residential buildings, accounting for 67.7 percent of total investment in the real estate sector, increased 9.2 percent from a year ago in the last year, data showed.

Many other major investment indicators declined in 2014. Property developers purchased 14 percent less land than the previous year. New construction dropped 10.7 percent from a year ago.

However, Bob Liu, an analyst at the China International Capital Corp (CICC), pointed out there is already a limited downside for property investment growth going ahead as sales improved slightly at the year end which will stimulate investment in coming months.

Housing sales remained lackluster for the full year. The NBS said more than 1.2 billion square meters of commercial buildings were sold in 2014, down 7.6 percent year on year, and sales volume declined 6.3 percent from a year ago to 7.63 trillion yuan.

The new data unveiled the sector was also plagued by piling stocks as unsold area of commercial buildings increased nearly 130 million square meters from 2013 to over 620 million square meters by the end of 2014.

The unsatisfying performance in the property sector was reflected by earlier price data published by the NBS, which showed 66 of 70 large and medium-sized cities in China saw new home prices drop in December from the previous month.

A research note of Nomura Securities said on Tuesday the correction and deleveraging in the property market, along with other factors including tighter controls over local government debt, will contribute to challenges to China's economic growth in 2015.

China's economy grew 7.4 percent in 2014, in line with market expectations and registering the weakest expansion in 24 years.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本午夜精品 | 在线不卡一区 | 97超在线| 色视频一区二区三区 | 亚洲性无码av在线 | a级网站在线观看 | 国产人成 | 好看的看黄a大片爽爽影院 好男人天堂网 | 国产精品成人免费观看 | 国产97公开成人免费视频 | 玖草视频在线观看 | 日本加勒比视频在线观看 | 国产一区二区中文字幕 | 亚洲免费视频网站 | 国产成人久久精品二区三区 | 在线不卡一区 | 国产永久在线观看 | 91日韩精品天海翼在线观看 | 欧美成人爽毛片在线视频 | 欧美色操 | 亚洲伊人色综合网站亚洲伊人 | 久草在线免费资源 | 久久久久国产免费 | 成人午夜影院在线观看 | 成人中文字幕一区二区三区 | 一级毛片不卡免费看老司机 | 日本三级欧美三级人妇英文 | 欧美大尺度免费一级特黄 | 久草综合在线视频 | 美女黄18| 91大神大战丝袜美女在线观看 | 国产91色综合久久免费 | 国产精品欧美一区二区三区 | 欧美笫一页 | 欧美做a一级视频免费观看 欧美做爱毛片 | 中文国产成人精品少久久 | 久草97 | 成人三级在线播放线观看 | 亚洲精品人成网在线播放影院 | 久久91精品国产91久久户 | 久久99久久 |