Growth of investment in domestic housing development This year, the sales area of low-rise commercial housing rose 5 losing streak
National Bureau of Statistics released a number of key economic data yesterday. In the first 11 months of this year, investment in real estate development rose 7.5% to 10.04 trillion yuan (RMB), a record low for the year, down from the first 10 months 0.3 percentage points. During the period, the growth rate of commercial housing sales picked up 0.1 percentage point again to 12.7%, ending 4 consecutive months of slowing growth. The sales area slowed down for 5 consecutive months and the first 11 months of the year increased by an annual figure 7.9%, down 0.3 percentage points from the first 10 months. The NBS considers that the situation of property price increases in major cities has been controlled and the risks have also been initially controlled.
Data show that the first 11 months of this year, real estate sales 11.55 trillion yuan, an increase of 12.7%, of which residential sales increased 9.9%, office building sales increased 19.4%, commercial sales of commercial space increased 26.2%; sales during the period The area was 1,466 million cubic meters, up by 7.9% year-on-year. Among them, the sales area of residential buildings increased by 5.4%, the sales area of office buildings increased by 26.7% and the sales area of commercial business buildings increased by 19.3%.
As of the end of November, the area of commercial housing for sale was 596 million cubic meters, down 1.1% from the end of October, of which, the area under residential for sale decreased by 6.51 million and the area for sale of office buildings decreased by 80,000 square meters. The area of commercial commercial premises for sale Increase 20,000 square meters. Analysts believe the real estate sales in November rebounded mainly due to the low base in November last year. At present, real estate regulation and control are still harsh. Real estate sales are expected to return to decline after December’s low base effect has subsided.
Fixed investment slowdown slowed down 18 years the smallest
As for other economic data, the total retail sales of social consumer goods reached 3.41 trillion yuan in November, up 10.2% from a year earlier, slightly below expectations. The cumulative retail sales from November to November this year surged 10.3%, which is in line with the estimation. In November, The year-on-year rate of increase slightly slowed to 6.1%. In the past 11 months, the increase was 6.6%, in line with the market expectations. In the first 11 months of this year, investment in fixed assets rose 7.2% year-on-year, the slowdown was in 18 years. During the period, Investment increased by 5.7% year-on-year, a decrease of 0.1 percentage point from the first 10 months.
National Security Bureau spokesman Mao Shengyong pointed out that in recent years, the growth rate of investment in fixed assets slowed down. On the one hand, the investment scale is getting bigger and larger. It will be difficult to maintain high growth. Coupled with the structural adjustment of the Mainland economy, the accelerated conversion of old and new kinetic energy In the crucial period, the contradiction between overcapacity in the traditional industries has not been fundamentally alleviated, and emerging industries still account for a relatively small proportion. Overall, the steady economic growth in November shows a strong stability and tenacity. However, the external risk variables are still high, and the challenge to high-quality development remains large.
Foreign direct investment (FDI) last month was 124.92 billion yuan, up 90.7% year-on-year. From January to November this year, FDI totaled more than 80.36 billion yuan, up 9.8%. During the period, non-financial direct investment (ODI) ) Dropped 33.5% yoy, Ministry of Commerce said that in the future, it will further open to the outside world, continuously improve the business environment and increase the attractiveness of foreign investment.