Vacant
Commercial Houses increase by 10 Percent
According to the State Statistical Bureau, China's
vacant commercial buildings have been increasing, especially
those in central and western regions. From January to May, 2003,
vacant commercial house floorage increased by 9.2 percent, and
vacant commercial houses by 10 percent over the same period
last year. Meanwhile, the average price per square meter of
commercial housing stood at 2,289 yuan -- 9 percent higher than
the same period last year.