China Real Estate Development Investment Declined

China Real Estate Development Investment Declined

HANGZHOU, CHINA - AUGUST 15, 2024 - An aerial view of a property under construction in Hangzhou, east China's Zhejiang province, Aug 15, 2024. Data released by the National Bureau of Statistics on the same day showed that from January to July, the national real estate development investment was 6,087.7 billion yuan, down 10.2% year on year; Among them, residential investment was 4.623 billion yuan, down 10.6%.

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