China's real estate investment up 8.9% in Jan-Feb

A potential homebuyer checks out a property project in Hangzhou, Zhejiang province, Dec 17, 2016. [Asianewsphoto by Long Wei]

BEIJING - China's investment in property development continued to rise in the first two months of this year, official data showed Tuesday.

Investment in real estate development grew 8.9 percent year on year in January and February, 2 percentage points faster than the overall growth rate of 2016, according to the National Bureau of Statistics (NBS).