China's fixed-asset investment up in first 11 months

10:55, December 15, 2020

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  China's property investment up 6.8 pct in first 11 months

  File photoBEIJING, Dec. 15 (Xinhua) -- Chinas investment in property development rose 6.8 percent year on year in the first 11 months, picking up from the 6.3-percent increase in the first 10 months, the National Bureau of Statistics (NBS) said Tuesday.Commercial housing sales in terms of floor area totaled 1.51 billion square meters in the first 11 months, up 1.3 percent from a year ago.In terms of value, commercial housing sales jumped 7.2 percent year on year to 14.9 trillion yuan (about 2.28 trillion U.S. dollars) in the first 11 months, widening from the 5.8-percent increase in the first 10 months.The NBS data on Monday showed that Chinas housing market remained stable in November, with slower month-on-month growth in home prices in major cities.New home prices in four first-tier cities -- Beijing, Shanghai, Guangzhou and Shenzhen -- rose 0.2 percent month on month in November, 0.1 percentage points slower from the previous month.On a month-on-month basis, new home prices in 31 second-tier cities and 35 third-tier ones both edged up 0.1 percent last month, according to data from the NBS.China has reiterated the principle that "houses are for living in, not speculation." While curbing housing price speculation, the country will also implement city-specific policies in the sector, according to this years government work report.

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  Shanghai’s Yangshan port processing 4 million TEUs in first 11 months

  AviewofShanghaiYangshanDeepWaterPortPhoto:YangHui/GT。ThehandlingcapacityofShanghai'sYangshanautomatedpiersareexpectedtoexceed4milliontwenty-footequivalentunits,orstandardcontainersayear,revealeddatareleasedbytheMaritimeSafetyAdministration(MSA)ofYangshanPort.。FromJanuarytoNovember2020,atotalof1,838i

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  China's postal industry sees revenue up in November

  BEIJING - China's postal industry has maintained robust expansion this year, with revenues and business volumes rising.85 billion yuan during the first 11 months, up 14.4 percent from a year ago, according to a statement on the website of the State Post Bureau.