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China Daily Website

Investment in China highest in Asia-Pacific

Updated: 2014-02-21 07:18
( China Daily)

Driven by development land sales in China's secondary cities, China recorded the highest volume of investments at $358 billion in 2013, more than 70 percent of the Asia-Pacific region, a report said.

In its latest survey, Investment MarketBeat 2013, Cushman & Wakefield, the world's largest privately held real estate consultancy, said that a record $487 billion has been invested in the real estate sector in the Asia-Pacific region, an increase of about 13 percent over the previous year.

Of the countries surveyed about investments, China remained the hot spot for investments with volumes of more than $358 billion in that market, with the emerging markets of China (all markets excluding Shanghai and Beijing) receiving in excess of $300 billion.

Investment in China highest in Asia-Pacific