Item Number Search
Translate a web page:



Outdoor Living
   Figurine
   Flower Pot
   Planter
   Garden Trellis
   Garden Stake
   Plant Stand
   Garden Decorations
   Bird Cage
   Bird Bath
   Bird Feeder
Home Decorations
   Wall Decorations
   Decorative Clock
   Candle Holder
   Candle Lantern
   Coat Rack
   Fruit Tray
   Decorative Mirror
   Pot Rack
   Welcome Sign
   Room Divider
   Toilet Paper Holder
   Umbrella Stand
   Wall Hanger
   Wall Shelf
Holiday Dcor
   Christmas Decor
   Halloween Ornament
Wood Furniture
   Amoir and Chest
   Bar Stool
   Bar Table and Chair
   Cabinet
   Wood Table and Chair
   Pedestal
   Storage Cart
Fireplace Accessories
   Fireplace Screen
   Fireplace Tool set
Display Rack
   Bakers Rack
   Wine Rack
   Garment Rack
   CD Rack
   Corner Rack
   Easel
   Iron Model
   Magazine Rack
   Plate Rack
   Towel Rack
Iron Furniture
   Arch Gate
   Gazebo
   Iron Table
   Iron Chair
   Swing Chair
Mosaic Product
Google
Home > Crafts News
 
More foreign capital flows in property sector
DATE[ 2007/8/11 ]    HIT[ 5239 ]
     An increasing amount of foreign investment capital flowed into China's real estate market between January and June, according to the National Bureau of Statistics (NBS).

Data from NBS show that in the first half of this year, realized foreign investment in the property sector accounted for 24.1 percent of the country's total used foreign capital, 11 percentage points higher than the whole of last year.

Foreign investment in property projects averaged US$7.04 million between January and February, up US$3.61 million from last year's average, while investment averaged US$7.17 million between January and March, up US$3.74 million.

During January and February, 18 foreign companies invested more than US$2 million each in Southwest China's Sichuan Province. More than half of them invested in the province's booming real estate market. A total of US$169.15 million realized foreign capital was recorded in the property sector, making up 79.3 percent of the province's total.
The growth rate of foreign capital in China's property sector surged 154.4 percent on a yearly basis in the first three months, 101.4 percentage points higher than all of last year. That was also 127.5 percentage points higher than the growth rate of total investment in the property sector during the same period.

Growing foreign investment in the property sector will propel unbalanced development of housing supply in China, as most, if not all, of the investments go to medium-to-high-end housing markets, some analysts said.

China's vacant commodity residential buildings of key property developers totaled 22.42 million square meters in floor space last year, and more than 70 of them were units of more than 100 square meters each.

Analysts attributed the increasing vacant housing mainly to the short supply of affordable housing for lower income earners and the escalating housing prices to speculative purchases of medium-to-high-end houses.

Moreover, more foreign capital in the property sector may create tighter competition for other sectors for sources of funding.
 
print  back
 
 
 
Quanzhou Ripplecrafts Co.,Ltd 
Add:Jingu Industrial Park, Jingu Town, Anxi County,Quanzhou 362403, Fujian,China 
Tel: +86-595-23008369                      Fax: +86-595-23338369 
E-mail: info@ripplecrafts.com             sales1@ripplecrafts.com
Copyright ⓒ Ripplecrafts Co.,Ltd.All Rights Reserved
web designer