China's property investment grows 27.5% in 1st 5 months

Of the total, 504.2 billion yuan was poured into residential property, up 29.5 percent, of which 20.8 billion yuan was injected into low-cost home construction, up 39.4 percent. In the first five months, China's developers registered 1.21 trillion yuan of investment capital, up 26.2 percent from the same period last year, of which foreign investment reached 22.2 billion yuan, up 89.9 percent, the NBS said without elaborating.