Author: antimatter

@Let's face it, the growth of China's advanced region is real-estate driven @@ [Copy link] 中文

Rank: 8Rank: 8

Gold Medal

Post time 2010-7-28 14:16:14 |Display all floors
Originally posted by BingSilk at 2010-7-28 15:11



You are out of date.  Iphone and android phone are the hottest trend in the world right now.
They are creating waves.



I hope no floodwaves.

Use magic tools Report

Rank: 6Rank: 6

Post time 2010-7-28 14:27:03 |Display all floors
Originally posted by BingSilk at 2010-7-28 14:11

You are out of date.  Iphone and android phone are the hottest trend in the world right now.
They are creating waves.


Sorry to pop your bubble,
I don't mean to belittle anybody but Chinese people are Not Smart enough to create that kind of stuffs.
Chinese people will be end users for those however.

Use magic tools Report

Rank: 6Rank: 6

Post time 2010-7-28 14:33:47 |Display all floors
What Chinese people are good at are working hard or own a mom&pop type of business, save some money, invest some money in stocks, or invest in real estate...stuffs like that, the mundane stuffs...

So, I am not surprise at all real estate is major component of China's GDP.
It only fits Chinese people character, strength and style.

Use magic tools Report

Post time 2010-7-28 20:01:56 |Display all floors

Reply #23 antimatter's post

Reminder: Author is prohibited or removed, and content is automatically blocked

Use magic tools Report

Rank: 4

Post time 2010-7-28 20:34:06 |Display all floors
Originally posted by antimatter at 2010-7-28 14:02
Right now, the real  estate growth contributes over 90% to China GDP growth. That's way too high.
A healthier and appropriate amount of contribution by real estate should be around 50% to 60%.

...

Please tell us where you got this data?
You must be mistaken by fixed asset=real estate.

What is fixed asset?
You'd better check it up first.

Use magic tools Report

Rank: 6Rank: 6

Post time 2010-7-28 20:41:25 |Display all floors
Originally posted by arab_cha at 2010-7-28 20:34

Please tell us where you got this data?
You must be mistaken by fixed asset=real estate.

What is fixed asset?
You'd better check it up first.



do you think average mom and pop's money can access fixed asset?

Use magic tools Report

Rank: 4

Post time 2010-7-28 20:48:36 |Display all floors
"State Statistics Bureau:in 2009 investment in fixed assets 22484.6 billion yuan, up 30.1% the growth rate accelerated by 4.6 percentage points over the previous year."

"Full-year real estate development and investment 3623.2 billion yuan, an increase of 16.1%, the growth rate down 4.8 percentage points over the previous year."

"the gross domestic product (GDP) for the year 2009 was 33535.3 billion yuan"

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.