Investments in real estate developments in Hainan increased 42.2 percent year-on-year to 40.46 billion yuan in the first eight months, meeting 76.34 percent of the full year 2011 target, reports stcn.com.

Transaction area of residential homes dropped 7.4 percent year-on-year in the first eight months, with transaction value down 3.4 percent.

Taxation income from the property sector increased 9.2 percent year-on-year to 8.18 billion yuan, accounting for 40.9 percent of the province's total tax revenue. 
 

 
Editorial Message  
News translation appearing here is the property of www.whatsonsanya.com, however, for those who wish to copy the contents in part or in full, please make reference and link the article copied to our site. Whatsonsanya.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contact editor@whatsonsanya.com