China's overall real estate investment in the first quarter this year amounted to RMB 1.3111 trillion ($211 billion), up 20.2 percent year on year, with this growth rate down 3.3 percentage points compared to the increase rate recorded in the same period last year, as announced by China's National Bureau of Statistics on April 15.
Additionally, in the January-March period of the current year sales of commercial residential buildings in China totaled RMB 1.3992 trillion ($220 billion), up 61.3 percent on year-on-year basis.
Source:
http://www.steelorbis.com/steel-news/latest-news/chinas-real-estate-investment-surges-by-202-percent-in-q1-752974.htm
