China Monthly Economic Indicators, recently issued by
the National Bureau of Statistics, showed that foreign investment
has increased substantially in Chinese real estate industry during
the first half of 2007.
The statistics indicate that foreign investment in the Chinese
real estate business accounts for 24.1 percent of the total sum in
the first half of 2007, 11 percentage points higher than in
2006.
Large profit margins in the Chinese real estate market are
driving foreign enterprises to increase their investments. The real
estate business has become the second largest
foreign-investment-devouring sector in China, following the
financial business.
For more details, please read the full story in Chinese. (http://jjckb.xinhuanet.com/yw/2007-08/08/content_61123.htm)
(China.org.cn August 8 2007)
