China's property development investment continues slower growth

2017-07-17 02:21:45 GMT2017-07-17 10:21:45(Beijing Time) Xinhua English

BEIJING, July 17 (Xinhua) -- Growth of China's property development investment continued to decelerate in the first half of the year as the market showed signs of cooling down, official data showed Monday.

Investment in property development expanded 8.5 percent year on year for January-June, down from 8.8 percent during the first five months, according to the National Bureau of Statistics.