Latest News:  


Vanke's sales hit 141.2b yuan last year

By Huang Tiantian (

08:31, January 09, 2013

China Vanke Co Ltd, the country's largest real estate developer, said its sales last year reached 141.2 billion yuan ($22.7 billion), up 16.2 percent year-on-year.
According to a statement released late Monday, December's sales reached 14.1 billion, up 141.8 percent compared with the same period in 2011.

As China's property market is showing signs of a recovery, sales in January may increase, Tan Huajie, the board secretary of Vanke said.

However, in some cities the inventories of new homes still remain at a high level, and the market will still face housing inventory pressure, Tan added.

The sales of Vanke, China Poly Group Corp and Greenland Group — the three leading real estate companies in China — all exceeded 100 billion yuan last year.

We recommend:

BJ-GZ HS to add 30b yuan to GDP annually

Great changes in Zhengzhou railway station

Wanda Group ventures onto the global stage

Sports car makers look to mainland market

Top Ten Economic Events in 2012

'Gold road' laid with gold bars


Leave your comment0 comments

  1. Name


Selections for you

  1. APF soldiers in anti-terrorism training

  2. Armored regiment in drill on plateau

  3. Selected Xinhua int'l news pictures of the year 2012

  4. Birds in aviary of Hong Kong Park

  5. 2012 year in review: Say goodbye

  6. Family firms look to world future

  7. Take a bite of delicious specials in China

  8. Something about nature

Most Popular


  1. Is there hope for Chinese football?
  3. Foreign aid，NOT enough for Chinese soccer
  4. Reliance on land sales 'must be reformed'
  5. Heroism, a matter unrelated to wealth
  6. 'Chinese Fortune Grandpa' VS 'Santa Claus'
  7. China Voice: Blind eyes are deadlier than blazes
  8. Light amidst global gloom
  9. Where should China's badminton head for?
  10. Why ‘Chinese style road crossing’ occurs

What’s happening in China


  1. Death sentence for sex pest
  2. One dead, one injured in SW China's metro
  3. 6 dismissed after N China colliery blast
  4. 6 officials suspended after orphanage deaths
  5. Health insurance to cover 95% of rural residents