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    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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