Guangdong, Jiangsu and Zhejiang lead real estate investment in China in Jan-May

Friday, 21 June 2019 11:30:15 (GMT+3)   |   Shanghai
       

In the January-May period of the current year, total real estate investments in the Chinese provinces of Guangdong, Jiangsu and Zhejiang amounted to RMB 527.718 billion ($76.9 billion), RMB 492.749 billion ($71.8 billion) and RMB 392.119 billion ($57.2 billion), respectively, with these provinces ranking as the top three in China for real estate investment in the given period, as announced by China's National Bureau of Statistics (NBS). Guangdong, Jiangsu and Zhejiang Provinces have occupied this top three ranking from 2014 up to 2018, according to the annual real estate investment data.

Market analysts stated that the strong economic performances in Guangdong, Jiangsu and Zhejiang have contributed to their big investments in the real estate market.


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