In the January-September period of the current year, total real estate investments in China amounted to RMB 8.0644 trillion ($1.22 trillion), up 8.1 percent year on year, with this growth rate up 0.2 percentage points compared that recorded in the January-August period this year, as announced by China's National Bureau of Statistics (NBS).
Investments in residential dwellings in China in the January-September period this year amounted to RMB 5.5109 trillion ($0.83 trillion), rising by 10.4 percent year on year, accounting for 68.3 percent of total real estate investments in the country during the given period.
In the period in question, new commercial real estate sold in China covered a total area of 1.16 billion m2, up 10.3 percent on year-on-year basis. The total area covered by new residential buildings sold in China in the given period increased by 7.6 percent, the total area covered by new office buildings sold rose by 32.7 percent, while the total area of new commercial
business space sold during the given period was up 23.7 percent, all year on year.