Property Investment in China Falls 10.4% -On-Year
Real Estate

Property Investment in China Falls 10.4% -On-Year

Property investment in China fell 10.4per cent in the first eleven months of 2024 from a year earlier, after dropping 10.3per cent in January-October, National Bureau of Statistics (NBS) data showed on Monday. Property sales by floor area in January-November fell 14.3per cent from a year earlier, versus a 15.8per cent drop in January-October. New construction starts measured by floor area declined 23.0per cent on year, after a 22.6per cent drop in the first 10 months. Funds raised by China's property developers were down 18.0per cent from a year earlier after a 19.2per cent fall in January-October.

Property investment in China fell 10.4per cent in the first eleven months of 2024 from a year earlier, after dropping 10.3per cent in January-October, National Bureau of Statistics (NBS) data showed on Monday. Property sales by floor area in January-November fell 14.3per cent from a year earlier, versus a 15.8per cent drop in January-October. New construction starts measured by floor area declined 23.0per cent on year, after a 22.6per cent drop in the first 10 months. Funds raised by China's property developers were down 18.0per cent from a year earlier after a 19.2per cent fall in January-October.

Next Story
Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000