China Real Estate

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The real estate prices in the 70 bigger Chinese cities decreased 0.1% in September on one month, but increased on average of 3.5% on one year.

China decided to suppress the right of stamp on the purchases of real estates as well as the value-added tax on the sale of lands, in order to revitalize the real estate sector in recession, the Treasury secretary announced Wednesday.

Accor, the biggest hotel group of the world, announced that the number of its hotels in China would be tripled before 2010 and that it got ready to open its fourth Novotel in Beijing.

Situated in full center from the people's place to Shanghai, it is one of the most beautiful museum of China. Inaugurated in 1997, it is one of the most modern museums of the country of by its conception, its organization and muséographie. More than 120.000 objects are presented to the visitor.

The Shanghai World Financial Center, the highest tower raised in the continental part complicates and today the third higher skyscraper of the world after the Burj Duba? and the tower Taipei 101, has been inaugurated Thursday officially.

China will value the consumption of energy of the real estate projects .The initiatives of energy economy will be obligatory in all demand of real estate investment in China from January 1st, 2007, whereas the country develops the energizing efficiency.

Once upon a time there was, and doesn't have so long, to be " rich" wanted to tell to invest in a house of country in France, a villa in Spain or in the Caribbean. Since the beginning of the years 90 the tendency turned toward Italy, Portugal, Greece or Florida.

The investment in the cities knew a moderate increase. The investments in the primary sector increased 20.3% instead of the reduction of 19.6% of last year; in the secondary sector, of 38.3%, but the rhythm of growth lowered 8 points in relation to 2003; and in the tertiary sector, of 21.6%, a decrease of 0.5 point.