Chinese construction: The total value of new contracts signed was 1.8412 trillion yuan, a year-on-year increase of 1.7%.

Chinese construction announcement, the total amount of new contracts signed from January to May 2025 is 1.8412 trillion yuan, a year-on-year increase of 1.7%. Among them, the amount of new contracts signed in the construction industry is 1.7108 trillion yuan, a year-on-year increase of 2.2%. Specifically, the amount of new contracts signed for building construction is 1.112 trillion yuan, a year-on-year decrease of 4.0%; the amount of new contracts signed for infrastructure is 593.9 billion yuan, a year-on-year increase of 16.2%; and the amount of new contracts signed for survey and design is 4.9 billion yuan, a year-on-year decrease of 15.3%. By region, the amount of new contracts signed domestically is 1.6324 trillion yuan, a year-on-year increase of 3.5%; the amount of new contracts signed overseas is 78.4 billion yuan, a year-on-year decrease of 19.7%. In addition, the construction area of residential buildings is 1.477 billion square meters, a year-on-year decrease of 0.3%; the new construction area is 1.08 billion square meters, a year-on-year increase of 3.0%; the completed area is 549.7 million square meters, a year-on-year decrease of 17.2%. In terms of real estate business, the contracted sales amount is 130.4 billion yuan, a year-on-year decrease of 4.0%; the contracted sales area is 4.55 million square meters, a year-on-year decrease of 6.4%. The end-of-period land reserve is 76.25 million square meters, with a new land reserve of 2.71 million square meters.