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According to the National Bureau of Statistics of China, in the first nine months, the floor space of commercial buildings sold stood at 1,051.85million square meters, a year-on-year increase of 26.9 percent, and was up by 1.4 percentage points over the first eight months of 2016.


Of the total, the floor space of residential buildings increased 27.1 percent, office building increased 33.5 percent, and buildings for business use increased 19.0 percent. The sales of commercial buildings amounted to 8,020.8 billion yuan, an increase of 41.3 percent, the rate of growth went up by2.6 percentage points. Specifically, the sales of residential buildings went up by 43.2percent, office buildings was up by 50.8 percent, buildings for commercial business increased 21.7 percent.

In the first nine months, the sale of floor space of commercial buildings in eastern region amounted to 510.13million square meters, a year-on-year increase of 29.3 percent, and was up by 1.9 percentage points over the first eight months of 2016. The amount of sales stood at 5,108.0 billion yuan, went up by 47.7 percent, the rate of growth expanded 3percentage points. The sale of floor space of commercial buildings in central region amounted to 291.95 million square meters, increased 32.7percent, and the pace of increase went up by 1 percentage point. The amount of sales stood at 1,624.7 billion yuan, increased 44.6percent, and the pace of increase expanded by 2.9 percentage points. The sale of floor space of commercial buildings in western region amounted to 249.76million square meters, an increase of 16.4 percent, the growth rate was up by 0.7percentage points. The amount of sales stood at 128.81 billion yuan, went up by 17.9percent, the growth rate went up by 1.6 percentage points.

At the end of September, the floor space of commercial housing for sale reached 696.12 million square meters, decreased 12.58million square meters compared with that at the end of July. Of which, the residential buildings for sale decreased 11.77million square meters, office buildings decreased 0.45 million square meters, buildings for business use went down by 0.45 million square meters.

Source : NBS