Real estate investment in China remained robust in the first quarter from a year earlier, official data showed Monday, as the pace of new construction quickened, despite intensified government cooling measures.
Growth in property investment, which includes residential, commercial and office spaces, accelerated to 9.1 percent from 8.9 percent in the first two months of 2017, the National Bureau of Statistics (NBS) said.
In March alone, property investment growth rose to 9.4 percent, according to a Reuters calculation based on NBS data.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.