Property investment, including in commercial and residential real estate, rose 9.9%, edging down from 10.2% in the January-to- November period.
Construction starts rose 8.5% on year compared with a 9.3% increase in the first 11 months.
Property investment is one of the few bright spots of the Chinese economy.
Although it is facing the slowest pace of growth in 30 years, Beijing has still reiterated in recent months that it doesn’t intend to use the property sector to stimulate the economy in order to avoid inflating a real-estate bubble.
source:MARKETWATCH
