On July 16, the National Bureau of Statistics announced the national economic operation in the first half of the year. According to preliminary calculations, the gross domestic product in the first half of the year was 41,969.6 billion yuan, a year-on-year increase of 6.8% at comparable prices. Among them, in the first half of the year, the total output value of the national construction industry was 947.9 billion yuan, an increase of 10.4%, and the construction area of buildings in the national construction industry was 10.47 billion square meters, an increase of 7.9%.

From January to June 2018, the nation's investment in fixed assets (excluding farmers) totaled 29.7316 trillion yuan, an increase of 6% year-on-year, and the growth rate was 0.1 percentage point lower than that of January-May. Looking at the chain speed, fixed asset investment (excluding farmers) increased by 0.48% in June. Among them, private fixed asset investment was 18.453 trillion yuan, a year-on-year increase of 8.4%.

In terms of different industries, the investment in the primary industry was 987.2 billion yuan, an increase of 13.5% year-on-year, a growth rate of 1.7 percentage points lower than that in the first five months; the investment in the secondary industry was 1,09878 billion yuan, an increase of 3.8%, and the growth rate was 1.3 percentage points higher. Industrial investment was 17.756 trillion yuan, an increase of 6.8%, and the growth rate dropped by 0.9 percentage points.

In the tertiary industry, infrastructure investment (excluding electricity, heat, gas and water production and supply) increased by 7.3% year-on-year, and the growth rate fell 2.1 percentage points from January to May. Among them, investment in the water conservancy management industry increased by 0.4%, and the growth rate dropped by 3.5 percentage points; investment in the public facilities management industry increased by 5.8%, and the growth rate dropped by 2.8 percentage points; investment in the road transport industry increased by 10.9%, and the growth rate dropped by 3.9 percentage points; rail transportation Industry investment fell by 10.3%, narrowing the decline by 1.1 percentage points.

In terms of different regions, the investment in the eastern region increased by 5.5% year-on-year, a growth rate of 0.2 percentage points lower than that in January-May; the investment in the central region increased by 9.1%, and the growth rate decreased by 0.2 percentage points; the investment in the western region increased by 3.4%, and the growth rate decreased by 0.8 The investment in Northeast China increased by 6.3%, and the growth rate increased by 4.1%.

From January to June 2018, the national real estate development investment was 555.3 billion yuan, a nominal increase of 9.7% year-on-year, and the growth rate was 0.5 percentage points lower than that of January-May. Among them, residential investment was 389.9 billion yuan, an increase of 13.6%, and the growth rate dropped by 0.6 percentage points. The proportion of residential investment in real estate development investment was 70.2%.

From January to June, the construction area of real estate development enterprises was 7,094.9 million square meters, an increase of 2.5% year-on-year, and the growth rate was 0.5 percentage points higher than that from January to May. Among them, the construction area of residential buildings was 4,879.3 million square meters, an increase of 3.2%.

The floor space of newly started buildings was 95.817 million square meters, an increase of 11.8%, and the growth rate increased by 1 percentage point. Among them, the newly started residential area was 70.611 million square meters, an increase of 15.0%. The floor space of buildings completed was 37.131 million square meters, a decrease of 10.6%, and the decrease was enlarged by 0.5 percentage points. Among them, the floor space of residential buildings completed was 259.62 million square meters, a decrease of 12.8%.

(Source: Bureau of Statistics official website)