Caixin
May 09, 2012 06:39 PM

Land Use for Infrastructure Rises Rapidly

a

Infrastructure construction has replaced real estate development as the major consumer of land plots during the first three months of 2012, the latest official data shows.

The Ministry of Land and Resources said that in the first quarter the overall land supply for construction increased 33.6 percent from the same period last year to a total of 114,400 hectares. Of that area, 45.2 percent was used for infrastructure, an increase of 160 percent from the same period a year earlier.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code