China Real Estate Market Invest Decrease

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China Real Estate Market Invest Decrease

YANTAI, CHINA - JULY 20, 2023 - Residential and real estate projects in Yantai, Shandong province, China, July 20, 2023. On July 17, 2023, the National Bureau of Statistics released the basic situation of the national real estate market in the first half of 2023, showing that in the first half of the year, China's real estate development investment was 5,855 billion yuan, down 7.9% year on year; Among them, the investment in residential housing was 4,443.9 billion yuan, down 7.3%. (Photo by Costfoto/NurPhoto)


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