Fixed assets investment

Fixed assets investment of Dalian increased 15.1 percent year-on-year to 165.28 billion yuan ($23.25 billion) in 2018. Of this, 108.61 billion yuan was invested in construction projects, an increase of 20.5 percent. Property investment was 56.66 billion yuan, up 5.9 percent year-on-year.

In 2018, primary industry received 2.23 billion yuan in fix assets investment, increasing by 4.4 percent year-on-year. Fix assets investment in the secondary industry reached 59.86 billion yuan, surging 59.6 percent year-on-year. Investment in the tertiary industry declined slightly to 103.19 billion yuan in 2018.

In the property development sector, the total floor space of buildings in Dalian was 44.78 million square meters by the end of 2018, a decrease of 3.8 percent year-on-year. Construction work on 2.94 million sq m of floor area was completed.

In 2018, purchases in commercial property surged 18.7 percent year-on-year to 8.4 million sq m. Purchases in residential property increased 15.8 percent to 7.58 million sq m.

The sales revenue of commercial property was 86.63 billion yuan, up 30.9 percent year-on-year and residential property sales came in at 75.96 billion yuan, an increase of 27.3 percent year-on-year.