China's National Bureau of Statistics reported that real estate development investment decreased by 13.7% year-on-year in the first four months of the year, totaling 2.397 trillion yuan. Residential investment specifically saw a 13.1% decline. Overall fixed asset investment, excluding rural households, also dropped by 1.6% to 14.13 trillion yuan during the same period. However, investment in the primary and secondary industries saw growth, while the tertiary industry experienced a decline. AI
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RANK_REASON Economic data release from a national statistics bureau. [lever_c_demoted from significant: ic=2 ai=0.0]