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Investment in Real Estate Development in China Decreases in 2023
A real estate model is being displayed at a real estate sales center in Hangzhou, Zhejiang Province, China, on January 17, 2024. On the same day, the National Bureau of Statistics released data indicating that in 2023, the national real estate development investment amounted to 110.913 billion yuan, a decrease of 9.6% from the previous year. The investment in residential buildings was 8,382 billion yuan, showing a 9.3% decline. (Photo by Costfoto/NurPhoto)
Photo Details
| Photo ID | #10919352 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Costfoto/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2025 NurPhoto - Costfoto/NurPhoto |
Related Keywords
China
GDP
Economy
data
real estate
estate
invest
Hangzhou
China
January 17
2024
Real estate model
Real estate sales center
East China
Zhejiang province
National Bureau of Statistics
2023
National real estate development investment
110.913 billion yuan
Investment decline
9.6% decrease
Residential buildings investment
8
382 billion yuan
9.3% drop
Costfoto
NurPhoto
Chinese property market
Housing industry
Economic data
Investment trends
Property sales
Urban development
Real estate market analysis
Construction sector
Housing investment
Market downturn
Economic indicators
Financial performance
Chinese economy
Property development
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