Chinese construction: The total value of new contracts signed from January to November 2025 was 4.408 trillion yuan, a year-on-year increase of 0.9%.

Chinese construction announcement, the total amount of new contracts signed from January to November 2025 was 4.408 trillion yuan, an increase of 0.9% compared to the previous year. Among them, the new contract amount for construction business was 3.7162 trillion yuan, an increase of 1.9% compared to the previous year. The new contract amount for residential construction business was 2.4622 trillion yuan, an increase of 3.1% compared to the previous year; the new contract amount for infrastructure business was 1.2429 trillion yuan, a decrease of 0.1% compared to the previous year. The new contract amount domestic was 3.5303 trillion yuan, an increase of 1.8% compared to the previous year; the new contract amount overseas was 185.8 billion yuan, an increase of 4.4% compared to the previous year. In terms of physical indicators, the construction area of residential buildings was 1.614 billion square meters, a decrease of 2.5% compared to the previous year; the new construction area of residential buildings was 237 million square meters, a decrease of 12.7% compared to the previous year; the completed area of residential buildings was 183 million square meters, an increase of 11.4% compared to the previous year. In the real estate business, the contracted sales amount was 324.6 billion yuan, a decrease of 9.9% compared to the previous year; the contracted sales area was 12.15 million square meters, a decrease of 4.1% compared to the previous year.