According to data from the National Bureau of Statistics, real estate development investment nationwide reached 961.2 billion yuan in January-February, representing a year-on-year decline of 11.1%, with the decline narrowing by 6.1 percentage points compared to the full year of the previous year.

Everyday Economic News AI Quick Report: On March 16, the National Bureau of Statistics data shows that from January to February, the country’s real estate development investment was 961.2 billion yuan, down 11.1% year-on-year. The decline narrowed by 6.1 percentage points compared to the entire previous year; among them, residential investment was 728.2 billion yuan, down 10.7%, with the decline narrowing by 5.6 percentage points.

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