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Home >> Business
UPDATED: 09:01, October 25, 2004
Real estate & construction boost GDP
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China's real estate and construction industries

accounted for 9 percent of the country's GDP last year.

Vice director of the Bureau of Statistics, Qiu Xiaohua, says the two

industries have developed rapidly with the growth of China's economy, China

Radio International reported Sunday.

In 2003, real estate investment shot up 30 percent over the previous year,

while investment in construction also increased by 20 percent.

Source: CRI news


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