投资仍是国内“稳增长”中流砥柱，但鉴于中央一再强调房地产调控不放松，下半年国内投资重点或主要在基建投资上。

Investment is still in“Steady growth”mainstay，But with the central repeatedly stressed that the real estate regulation not to relax，The second half of the domestic investment in infrastructure investment or main。

　　国家统计局昨日发布数据显示，上半年固定资产投资同比增长20.4%，其中房地产开发投资增长16.6%，增速同比回落16.3个百分点。国家统计局新闻发言人盛来运昨日在国新办发布会上说，房地产调控不能放松。

The national bureau of statistics data shows released yesterday，Fixed asset investment in the first half year-on-year growth of 20.4%，Including real estate development investment grew by 16.6%，Year-on-year growth dropped 16.3%。The national bureau of statistics spokesman filled yesterday in countries to carry the new do conference，Real estate regulation can't relax。

　　盛来运昨天在回答有关房地产调控与经济增速下滑的提问时说，尽管房地产的主动调控在短期内是影响中国经济增长速度下滑的一个重要原因，但调控房地产有利于国民经济更持续健康的发展，特别是有利于防止房地产泡沫化对经济长期发展造成冲击。

And in answer to transport yesterday about real estate related regulation and economic growth down said questions，Although real estate active control in the short term is the effect of China's economic growth rate of decline one important reason，But for the national economy in regulating the real estate more continuous healthy development，Especially help to prevent long-term economic development of real estate turning into a bubble-and impact。

上半年房产投资增16.6% Real estate investment increased by 16.6% in the first half

　　上半年国内房地产开发投资增速继续回落，商品房销售降幅缩小。数据显示，前6个月，全国房地产开发投资30610亿元，同比名义增长16.6%（扣除价格因素实际增长14.3%），增速比一季度回落6.9个百分点，比上年同期回落16.3个百分点；其中住宅投资增长12.0%。

Domestic investment in real estate development growth during the first half continue to fall back，Home sales decline to narrow。Data shows，6 months before，The national investment in real estate development 3.061 trillion yuan，16.6% year-on-year nominal growth（Adjusting for inflation grew by 14.3% in real terms），Growth in the first quarter than a drop of 6.9%，A drop of 16.3% from the same period a year earlier；One residential investment grew by 12.0%。

　　同期，全国商品房销售面积39964万平方米，同比下降10.0%，降幅比一季度缩小3.6个百分点，上年同期为增长12.9%；其中住宅销售面积下降11.2%。全国商品房销售额23314亿元，同比下降5.2%，降幅比一季度缩小9.4个百分点，上年同期为增长24.1%；其中住宅销售额下降6.5%。

Over the same period，The national commodity house sales area of 399.64 million square meters，10.0% year-on-year drop，Drop down to 3.6% in the first quarter than，The same period last year for growth of 12.9%；Sales of residential area fell 11.2%。The national commodity house sales of 2.3314 trillion yuan，5.2% year-on-year drop，Drop down to 9.4% in the first quarter than，The same period last year for growth of 24.1%；One residential sales fell 6.5%。

　　“房地产调控成效比较明显。”盛来运表示，总体上来说，房地产价格上半年延续了去年以来稳中有降的态势，投机性需求得到了明显遏制，房地产的投资虽有明显的回落，但还是一个比较适中的速度。

“Real estate regulation has more apparent。”Filled to transport said，In general，In the first half of real estate prices continued the steady reduction since last year the situation，The speculative demand has been obviously curbed，Real estate investment although have obvious fell back，But is still a relatively moderate speed。

　　根据国家统计局数据测算，6月房地产开发投资同比增长11.8%，较上月同比增18.2%有所回落；同期新开工面积降幅从上月的4.7%扩大至16.3%。在销售方面则有明显改善，6月销售额结束同比七连跌，增6.9%，销售面积跌幅亦缩窄至3.3%。

According to the national bureau of statistics data estimates，June investment in real estate development year-on-year growth of 11.8%，A 18.2% year-on-year increase last month to drop back；New commenced area a drop from the same period of last month's 4.7% expansion from 16.3% to。In sales was significantly improved，June sales year-on-year fall even seven over，6.9% increase，Sales area also erode drop to 3.3%。

　　盛来运说，上半年保障房建设成效显著，继去年新开工1000万套后，今年上半年又新开工470多万套，这对缓解低收入阶层的住房矛盾将会发挥重要作用。“我们要进一步完善房地产调控政策，进一步巩固房地产调控的成果。”盛来运说。

Filled to transport said，Ensure the construction achievements in room in the first half，The new start of 10 million last year，In the first half of this year and more than 470 sets of new start，The ease of low-income housing contradictions will play an important role。“We will further improve the real estate control policies，To further consolidate the results of real estate regulation。”Filled to transport said。

投资加速依赖基建投资 Investment accelerated rely on infrastructure investment

　　针对最近房地产市场出现回暖的迹象，国内决策层已屡次表态不放松调控政策。

According to recent signs of real estate market appear warmer，Domestic decision-making has repeatedly said not to relax regulation policies。

　　国务院总理温家宝近日即表示，目前房地产市场调控仍然处在关键时期，任务还很艰巨，必须坚定不移做好调控工作，把抑制房地产投机投资性需求作为一项长期政策，促进房价合理回归，决不能让房价反弹。

Prime minister wen jiabao recently namely said，Real estate market regulation is still in critical period，The task is still arduous，Must unswervingly well control work，The inhibition of the investment real estate speculation needs as a long-term policy，Promote the rational regression house prices，Never let the house prices rebound。

　　在最新数据佐证房地产市场已经回暖迹象下，下半年将面临如何在既不能放松房地产政策又要拉动投资维持经济增长中取得平衡的难题。

In the latest data supporting the real estate market has warmed sign，The second half will face how to relax in neither real estate policy and to sustain economic growth drive investment balance of the problem。

　　事实上，今年二季度以来，中国政府多管齐下“稳增长”，包括加快基建项目审批，央行一个月内两次降息，年内三次下调存款准备金率等。对于下一阶段如何稳增长，国务院总理温家宝稍早表示，稳增长不仅是当务之急，而且是一项长期的艰巨任务；而在稳增长政策中，当前重要的是促进投资的合理增长。

In fact，Since the second quarter of this year，The Chinese government multi-pronged“Steady growth”，Including to speed up the construction project examination and approval，Central Banks cut interest rates twice a month，Three times in the year cut the deposit reserve rate, etc。For the next stage how to steady growth，The state council premier wen jiabao said earlier，Steady growth not only is a priority，And it is a long-term task arduous；And in the steady growth in the policy，The current important is to promote the reasonable investment growth。

　　交通银行(601328,股吧)研究部高级宏观分析师唐建伟预计，房地产投资今年增速约为15%～16%，下半年中国投资的加速主要依赖基建投资。

Traffic bank(601328,Shares it)Senior research analyst TangJianWei macro expected，Real estate investment growth this year is about 15% ~ 16%，The second half of the acceleration of China's investment mainly rely on infrastructure investment。

　　澳新银行大中华区经济研究总监刘利刚也指出，预计中国下半年在公共住房、铁路以及基建方面的投资会不断增加，与此同时减税举措也可能会进一步铺开。

Bank of Australia in the greater China region economic research director LiuLiGang also pointed out，China is in the second half of public housing、Railway and infrastructure investment will continue to increase，At the same time tax measures also may further spread out。

　　新华社昨日援引分析人士的话指出，下半年投资的亮点可能在于基建投资，同时，“新36条”、新型产业政策扶持等一系列措施也可能会继续推进，共同带动投资企稳回升。

The xinhua news agency quoted yesterday analysts words said，The second half of the window of investment may lie in infrastructure investment，At the same time，“Article 36 the new”、The new industry policy support and so on a series of measures may also will continue to push forward，Common promoting investment stabilising picks up。