Home China Flash World Sports    Photos         Xinhua
        Database
Economic
Information
Xinhua News
Service
|  Chinese(GB)  |  Chinese(Big5)  |  Spanish  |  French  |  Japanese  |  Portuguese  |  Russian  |  Arabic  |
HomePage
Favorites
About us

Related Stories
Related Special Report

ˇˇPrint
ˇˇE-mail this news to Friends

ˇˇ


ˇˇ
China's real estate sector shows steady growth

Xinhuanet 2002-10-23 15:59:37

ˇˇˇˇBEIJING, Oct. 23 (Xinhuanet) -- China's real estate sector showed steady growth in September, along with the increase in the completion of construction projects and average housing price, theNational Bureau of Statistics (NBS) said Wednesday.

ˇˇˇˇThe latest NBS figures show that in September, the real estate index, indicating China's real estate development, reached a record 104.97 points for the year, up 0.51 points from August.

ˇˇˇˇFrom January to September, a total of 113.42 million square meters of housing was built, up 26.4 percent year-on-year.

ˇˇˇˇThe average housing price in the first nine months was 2,368 yuan (about 286 US dollars) per square meter, up 6.4 percent from the same period last year.

ˇˇˇˇBetween January and September, a total of 486.3 billion yuan (about 58.73 billion US dollars) was materialized in housing development, a rise of 29.4 percent from a year earlier.

ˇˇˇˇAccording to the NBS, the overall trend of China's real estate index maintained steady in the first nine months, with continuous growth in the last two months. Enditem

ˇˇ
ˇˇ ˇˇ ˇˇ
ˇˇ
Copyright © 2000 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.