NBS: Growth in investment into real estate industry of China down by 5.8% YoY
2023-04-19 15:42:13 [Print]
According to the data released by China's National Bureau of Statistics (NBS) on April 18, in the first quarter of 2023 growth in investment into the real estate industry in China dropped by 5
. 8% year on year, 0 . 1 percentage point higher than the decrease rate in investment growth in January-February . Since mid-March, the reviving real estate industries in a variety of Chinese cities have witnessed slowing down signals, which are verified by the above NBS statistics on real estate investment.