Guangdong province invested $73.31 billion in real estate development in the first five months of this year, to rank first in China.
Jiangsu and Zhejiang provinces ranked second and third with 496.49 billion yuan and 108.95 billion yuan, respectively.
Among regions, the Tibet autonomous region topped the country with 45 percent in the same period, according to the National Bureau of Statistics.
Twenty-three other regions' outperformed the national level in growth rate in real estate development investment from January to May this year.
China invested 4,592 billion yuan in real estate development in the first five months, a 0.3 percent year-on-year decrease.
China's real estate industry recovered rapidly in May.
From January to May, China posted a transaction area of 213.65 million square meters of residential land in 100 cities, a year-on-year decrease of 6.2 percent, which narrowed from the 8.7 percent slump in the first four months.


Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 



