Kunming City, the capital of Yunnan Province, is one of the first group historic cities, and the first class open-port city. It is also an international commercial city and an important? transportation? hinge which is open to Southeast Asia and South Asia. Kunming locates in the middle part of Yunnan Province with total area of 21.6 thousand square kilometers and governs 5 districts including Panlong, Wuhua, Guandu, Xishan, Dongchuan and 8 counties including Chenggong, Jinning, Fumin, Yiliang, Gaoming, Shilin, Luquan, Xundian and Anning city. The urban area of Kunming locates in longitude 102 degrees 43 cents east and latitude 25 degrees 2 cents north It is 2,100 kilometer away from Beijing by air, 515 kilometers away from the border of China and Vietnam in the south, 876 kilometers away from the border of China and Burma in the west and 906 kilometers away from the border of China and Laos in the southwest. Kunming is a multinational city with total population of 5.781 million, of which 13.7% is minority.

In 2005, the GDP of Kunming reached 45.212 billion yuan, with a growth of 11.5% compared with the same period of last year. Its increase amplitude was 0.3% which showed that the economy kept developing steadily and continuously. Among them, the Add Value of primary, secondary and tertiary industry respectively reached 2.507, 21.505 and 21.2 billion yuan, each increasing by 3.4%, 14.4% and 9.7% compared with the same period of last year. Generally speaking, all of these three industries developed entirely and the economy of Kunming continued to increase rapidly.

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General information on real estate industry in Kunming

According to the statistic data supplied by the Statistic Bureau of Kunming, the investment on the real estate of Kunming reached 6.834 billion yuan in 2004, increasing by 24.4% compared with the date in 2002. The per capita living space reached 16.26 square meters, increasing by 9.7% compared with the date in 2002. All of these data reflected completely the rapid development of the real estate market development in Kunming.

Now you can find a lot of new buildings and beautiful communities in every corner of Kunming, not only in the north, south and east part but also in the right center of the city. With the enhancement of living quality, a few households not only move in very big houses but also have gardens, garages and other facilities, while the intelligent community design and humanized property management give every resident an wonderful impression of the high t living quality in Kunming. What’s more, the ample sunshine, superiors natural condition and rational house price also appeal to attract people living outside Kunming. It is evident that the house purchasers from outside Kunming take 40% of the total consumers.

According to the statistic date from Real Estate Trade Center, the bargain floor space of commercial buildings reached 4.82 million square meters, increasing by 43% compared with the same period of last year and the total bargain money reached 13.39 billion yuan with 33% up. In terms of the contribution to the economy gross, the proportion of the Add Value of real estate industry to Total GDP of Kunming is estimated at more than 5% in 2004, which meant the real estate industry is becoming the polar industry of Kunming’s economy.

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Statistics on socio-economic development
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