China News Agency, Beijing, April 20 (Reporter Du Yan) Data released by the Beijing Statistics Department on the 20th shows that in the first quarter of this year, Beijing's real estate development investment fell by 6.4% year-on-year, and the area of ​​commercial residential sales fell by 53.4% ​​year-on-year.

　　Data show that in the first quarter, Beijing's investment decline has gradually narrowed. Driven by the basically complete resumption of 2,130 projects under construction in Beijing, Beijing ’s fixed asset investment declined by 12.8 percentage points from January to February.

　　Data show that in the first quarter, Beijing's fixed asset investment (excluding rural households) fell 7.1% year-on-year. In terms of fields, infrastructure investment fell by 30.6% year-on-year, and real estate development investment fell by 6.4% year-on-year, which was 3.5 and 4.5 percentage points lower than that of January-February, respectively, while private investment increased by 4.6% year-on-year.

　　So, how is the situation of Beijing's real estate market in the first quarter? The data shows that in the first quarter, the new construction area of ​​real estate development enterprises in Beijing was 3.112 million square meters, a year-on-year decrease of 16.1%. Among them, the newly-built area of ​​residential buildings was 2.124 million square meters, a year-on-year decrease of 7%.

　　In the first quarter, Beijing ’s housing construction area was 528,000 square meters, a year-on-year decrease of 55.8%. Among them, the area of ​​residential buildings completed was 349,000 square meters, a year-on-year decrease of 54%.

　　In terms of sales in the real estate market, in the first quarter, the area of ​​commercial housing sold in Beijing was 867,000 square meters, a year-on-year decrease of 41.3%. Among them, the residential sales area was 570,000 square meters, a year-on-year decrease of 53.4%.

　　The data also shows that in the first quarter, Beijing's real estate development enterprises received RMB 83.8 billion in funds, a year-on-year decrease of 32.6%. (Finish)