www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 久久看视频| 日韩成人精品日本亚洲 | 免费国产a国产片高清 | 国产一区二区精品久久凹凸 | 波多野结衣一区二区在线 | 亚洲日本在线观看网址 | 依依成人综合网 | 欧美一区二区在线免费观看 | 男女免费爽爽爽在线视频 | 黄色毛片播放 | 亚洲成人黄色在线观看 | 欧美日本在线视频 | 亚洲国产成人久久一区二区三区 | 色综合在 | 大伊香蕉精品视频在线 | 国产成人综合精品一区 | 亚洲线精品一区二区三区 | www成人国产在线观看网站 | 国产一区二区免费在线 | 国产播放| 日产乱码精品一二三区 | 国产中文在线视频 | 国产美女动态免费视频 | 三级视频在线 | 精品视频在线视频 | 在线综合+亚洲+欧美中文字幕 | 一级做a毛片在线看 | 97干干干 | 伊人久久青草青青综合 | 国产成人a视频在线观看 | 亚洲欧美v视色一区二区 | 三级成人网 | www.成人网 | 色偷偷成人网免费视频男人的天堂 | 亚洲精品久久久久综合91 | 免费中文字幕 | 亚洲综合亚洲综合网成人 | 国产精品久久久久久久久免费观看 | 亚洲国产第一区二区香蕉日日 | 欧美日韩一区二区视频免费看 | 久久极品 |