Residential Construction in Guangzhou

Residential Construction in Guangzhou

Brent Lewin/Bloomberg

Cranes, reflected in water, operate at a residential construction site near Canton Tower in the Haizhu district of Guangzhou. Among urban households that own apartments, 75.5 percent of their assets are in real estate, according to Gan Li, director of the Survey and Research Center for China Household Finance in Chengdu.