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DATA-- China could outpace the United States by 2014 as the world'swealthiest built-asset nation as China is forecast to reach$75.7 trillion in built assets by 2022, according to a studyfrom consultancy EC Harris.-- Almost 90 percent of Chinese families have full or partialownership of the homes they live in, a higher proportion than inthe United States, the UK and Germany. Over 10 percent have twounits or more, according to a report by Peking University.-- China invested 495 billion yuan ($81 billion) in affordablehousing in the first half of this year, completing 2.36 millionunits and starting the construction of another 4.4 million, datafrom the Ministry of Housing and Urban-Rural Development showed.-- Developer Longfor Properties sold 22.4 billion yuanworth of property in the first six months of the year, up 28percent from the same period a year ago.
last-modified: 2021-03-20 14:03:50