China's property investment up 28.5% in first half

China's real estate investment soared 28.5 percent from a year earlier to 988.7 billion yuan (130.6 billion U.S. dollars) in the first half of 2007, the National Bureau of Statistics (NBS) announced on Friday. The growth was 1.6 percentage points higher than the first quarter and 4.3 percentage points higher than the same period last year, according to the NBS.