Business / Economy

Statistical Communique on China's 2014 National Economic and Social Development

(National Bureau of Statistics of China) Updated: 2015-02-26 14:04

In 2014, the investment in real estate development was 9,503.6 billion yuan, up by 10.5 percent. Of this total, the investment in residential buildings reached 6,435.2 billion yuan, an increase of 9.2 percent, that in office buildings was 564.1 billion yuan, up by 21.3 percent, and that in buildings for commercial business was 1,434.6 billion yuan, up by 20.1 percent.

In 2014, 5.11 million apartments under the national urban affordable housing projects were completed and 7.40 million units were newly started.

Table 6: Main Indicators for Real Estate Development and Sales and Its Growth Rate in 2014

Item

Unit

Volume

Increase

over

2013 (%)

Value of Investment

100 million RMB

95036

10.5

Of which: residential buildings

100 million RMB

64352

9.2

Of which: 90 square meters and below

100 million RMB

20335

4.6

Floor space of houses under construction

10,000 square meters

726482

9.2

Of which: residential buildings

10,000 square meters

515096

5.9

Floor space of houses newly started

10,000 square meters

179592

-10.7

Of which: residential buildings

10,000 square meters

124877

-14.4

Floor space of houses completed

10,000 square meters

107459

5.9

Of which: residential buildings

10,000 square meters

80868

2.7

Sales of commercial buildings

10,000 square meters

120649

-7.6

Of which: residential buildings

10,000 square meters

105182

-9.1

Sources of capital this year

100 million RMB

121991

-0.1

Of which: domestic loans

100 million RMB

21243

8.0

           individual mortgage

100 million RMB

13665

-2.6

V. Domestic Trade

The domestic trade sustained stable growth. In 2014, the total retail sales of consumer goods[15] reached 26,239.4 billion yuan, a growth of 12.0 percent over the previous year, or a real growth of 10.9 percent after deducting price factors. An analysis on different areas showed that the retail sales of consumer goods in urban areas stood at 22,636.8 billion yuan, up by 11.8 percent, and that in rural areas reached 3,602.7 billion yuan, up by 12.9 percent. Grouped by consumption patterns, the retail sales of commodities was 23,453.4 billion yuan, up by 12.2 percent, and that of catering industry was 2,786.0 billion yuan, up by 9.7 percent.

Statistical Communique on China's 2014 National Economic and Social Development

The online retail sales[16] were 2,789.8 billion yuan in 2014, an increase of 49.7 percent compared with last year. The online retail sales of enterprises above designated size were 440.0 billion yuan, an increase of 56.2 percent.

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