On March 10, state-owned China State Construction Engineering Co., LTD. (China State Construction Engineering Co., LTD., 601668.SH) released a briefing on its operation in January-February 2022.
In the first two months of this year, China construction signed 477.1 billion yuan in new contracts, up 1.5 percent from a year earlier. The value of newly signed contracts in construction was 445.8 billion yuan, up 6.7% year on year. Contract sales of real estate business reached 31.3 billion yuan, down 40.3% year on year.
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