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China's property investment declines in first four months

2026-05-18 11:01:39Xinhua Editor : Zhang Dongfang ECNS App Download

China's investment in property development decreased in the first four months of 2026, down 13.7 percent year on year, the National Bureau of Statistics said Monday.

The floor space of newly-built commercial buildings sold was 252.58 million square meters, down by 10.2 percent year on year. The total sales of newly-built commercial buildings were 2.3 trillion yuan (about 336.09 billion U.S. dollars), down by 14.6 percent. 

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