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BEIJING, May 13 (Xinhua) -- Investment in China's property sector rose 6 percent year on year to 2.37 trillion yuan (387.25 billion U.S. dollars) in the first four month of the year, the National Bureau of Statistics announced Wednesday.
The figure dropped from the 8.5 percent-increase seen in the first quarter, indicating lingering weakness in the sector.
In the Jan-April period, investment in residential housing posted an increase of 3.7 percent from the same period last year to 1.59 trillion yuan.
Sales of commercial housing fell 4.8 percent year on year to 263.85 million square meters the first four months.
Related:
China April retail sales up 10 pct
BEIJING, May 13 (Xinhua) -- China's retail sales grew 10 percent year on year to 2.24 trillion yuan (366 billion U.S. dollars) in April, the National Bureau of Statistics said on Wednesday.
In the first four months, retail sales grew 10.4 percent. Full story
