Construction has steadily developed. The total output value produced by qualified building enterprises was 70.46 billion yuan, up by 15.9 percent. The overall labor productivity (calculated according to the construction output value) was 152 thousand yuan per person, up by 10.9 percent.
Real Estate Development
The real estate market has been operating smoothly. Floor space under construction was 33,286 thousand square meters, 21.1 percent more than that of the previous year; floor space completed was 7486 thousand square meters, up by 74.8 percent. The sale value of commercial buildings reached 47.46 billion yuan, up by 2.9 percent, of which the sales value of the residence was 43.26 billion yuan, up by 1.9 percent. Sales floorage of commercial buildings was 8,219 thousand square meters, down by 0.8 percent, of which the sales floorage of residences was 7701 thousand square meters, down 1.8 percent. Vacant floorage of commercial buildings was 2,597 thousand square meters, of which vacancy was 1,769, thousand square meters, increasing by 34 percent and 37.5 percent respectively.