Fixed investment (excluding rural households) in Hainan Province, China in 2020 increased by 8.0% over the previous year. Among them, investment in real estate development increased by 0.4%, while investment in non-real estate development increased by 13.4%. By sector, investment in primary industry increased by 115.5%, investment in secondary industry increased by 23.1%, and investment in tertiary industry increased by 4.9%.
By region, investment in the Haicheng Wending Composite Economic Circle increased by 8.7%, in the Greater Sanya Tourism Economic Circle increased by 5.2%, the eastern region increased by 7.4%, the central region increased by 9.6%, and the western region increased by 9.8%. During the year, 5,061 investment projects were implemented, which is 488 more than in the previous year, of which 1,633 were started anew this year, which is 13 more projects.
Investment in real estate development in the province totaled 134.167 billion yuan during the year, of which investment in residential construction amounted to 94.641 billion yuan, down 8.5% from the previous year; investment in the office building totaled 7.079 billion yuan, up 105.5% from the previous year. Investment in commercial housing totaled 16.566 billion yuan, an increase over the same period last year.
The annual growth rate is 21.9%. The real estate development area was 86.005 million square meters, which is 6.7% less than in the previous year, of which 10.6495 million square meters were commissioned this year, which is 12.7% less. The province's home sales area was 7.5154 million square meters, down 9.4% from the previous year, and sales of 123.208 billion yuan, down 3.4% from the previous year. As of the end of November, 115 key provincial projects exceeded the annual investment plan, and completed investments accounted for 106% of the total planned investments for the year.
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