In 2013, total real estate investments in China amounted to RMB 8.6013 trillion ($1.41 trillion), up 19.8 percent year on year, with this growth rate up 0.3 percentage points compared to the year-on-year increase rate recorded in January-November and rising by 3.6 percentage points compared to the year-on-year increase rate recorded in 2012, as announced by China's National Bureau of Statistics.
Meanwhile, investment in residential dwellings in China in 2013 amounted to RMB 5.8951 trillion ($0.97 trillion), up 19.4 percent year on year, with this growth rate up 0.3 percentage points compared to the year-on-year increase rate recorded in January-November, and with the investment figure accounting for 68.5 percent of total real estate investments in the country during the given year.
In 2013, new commercial real estate sold in China covered a total area of 1.30551 billion square meters, up 17.3 percent on year-on-year basis, down 3.5 percentage points compared to the growth rate in January-November but up 15.5 percentage points compared to the growth rate in 2012. The total area covered by new residential buildings sold in China in 2013 was up 17.5 percent, the total area covered by new office buildings sold increased by 27.9 percent, while the total area of new commercial business space sold during the given year was up 9.1 percent, all year on year.
In 2013, the total sales value of new commercial real estate in China amounted to RMB 8.1428 trillion ($1.33 trillion), up 26.3 percent on year-on-year basis, with a 26.6 percent rise in the value of new residential building sales, a 35.1 percent rise in the value of new office building sales, and a 18.3 percent rise in the value of new commercial business space sales, all year on year.
