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

Updated: 2015-02-26 14:04

(National Bureau of Statistics of China)

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

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