China's investment in property development decreased in the first quarter (Q1) of 2026, down 11.2 percent year on year, the National Bureau of Statistics said Thursday.

The floor space of newly-built commercial buildings sold was 195.25 million square meters, down by 10.4 percent year on year. The total sales of newly-built commercial buildings were 1.7262 trillion yuan (about 251.6 billion U.S. dollars), down by 16.7 percent.