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Property Times
Q1 2009 ¼C2
Contents d#
01 Overview
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03 Office
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09 Residential
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13 Retail
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17 Industrial
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25 Notes and assumptions
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All data are based on gross floor area unless otherwise specified.
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Overview Á¬
In 2008, Shanghai’s GDP growth rate was 9.7% year-on-year î%•ò 2008NÈ[h4ÂŁ:µsŸ 13,698.15b§÷È
(y-o-y) and total GDP reached 1,369.815 billion. Compared Ç:^2:Ê9.7%ÈÑ2007N4ÂŁ:µ:ÏN2ÈîŒ3.6ò
with 2007, the city’s GDP growth was down 3.6 percentage åtÅW2009N.ò•BÈ[hÊ˛h¹_.þ
points in 2008. From January to February 2009, the total =4ÂŁ:µ…!÷io×-sŁ:.¦zÏ0ÂÈ]ºÂ8@h
volume of imports and exports, the total industrial output and Ł(.È:Ê4%ÈÁVŁ#2009N[h4ÂŁ:µ:ʦãð
the total retail sales all showed a marked decrease in w
Shanghai. Real estate development investment increased only
by 4% during the same period. This downward trend will 2008NÁÃȧ÷€œöÄ 5R‡È#¦fiÀPˇio…‡
place pressure on Shanghai’s GDP growth for the overall year. ¯Ł=¦¶Ł(ï(ÐÈ 1Núj|çr‡Á2.25%È•|
çr‡Á5.31%Èj•|çr‡ÁÎ 10N æOŁL¯¤Ý
In 2008, the People’s Bank decreased the interest rate on five 2009N 1Á2 ȇhèŁ(ÂÇ:hŁ(^2Ⱥ 2.4%ÈW
consecutive occasions with the aim of stimulating
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