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Chinese real estate market continues fast growth

Posted on 31 December 2010

From Chinaretailnews.com: Investment in China’s real estate sector in the first eleven months of 2010 grew by more than a third over the preceding year. According to China’s National Bureau of Statistics, from January to November, the total investment in real estate development was CNY4.269 trillion, up by 36.5% year-on-year.
Of which, investment in commercial residential buildings reached CNY3.002 trillion, a 34.2% increase year-on-year, which occupied 70.3% of the investment in real estate development. In November, the completion of investment in real estate development totaled CNY462.8 billion, increasing 36.7%, year-on-year……………………………………….Full Article: Source


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