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China Vanke property sales increase in November

China Vanke Co. Ltd., one of the country's major property developers, saw sales rise in November.

The developer said in a statement that its contracted property sales totaled 57.54 billion yuan (about 8.78 billion U.S. dollars) last month, up 5.5 percent year on year.

In November, the company achieved a contracted sales area of 3.94 million square meters, up 8.2 percent year on year.

For the first 11 months of the year, the company's contracted sales rose 5.07 percent year on year to 602.61 billion yuan. 

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