Beijing land sales bullish in January
By Zheng Yangpeng (chinadaily.com.cn) Updated: 2014-01-14 16:45Beijing's land sales revenue in the first half of January hit 21.5 billion yuan ($3.56 billion) and analysts expect it to surpass 30 billion yuan for the month, Beijing Times reported on Tuesday.
By comparison, land sales revenue for the whole of January 2013 was 24.1 billion yuan.
Prices spiked as major real estate developers flocked into first-tier cities and competed to grab land, betting on the bullish market outlook.
- NHTSA says finds no 'defect trend' in Tesla Model S sedans
- WTO rare earth ruling is unfair
- Amway says 2014 China sales may grow 8%
- President Xi in Europe: Forging deals, boosting business
- CNOOC releases 2013 sustainability report
- Local production by Chery Jaguar Land Rover this year
- Car lovers test their need for speed in BMW Mission 3
- China stocks close mixed Monday
Hot Topics
Editor's Picks
