去年，房地产投资仍占中国GDP的14%以上，房地产业增长暴跌给整体经济带来巨大的下行压力，将中国推向了债务-通缩螺旋。
With real-estate investment still accounting for more than 14% of GDP last year, plummeting growth in the sector has put considerable downward pressure on the economy as a whole, helping to push China into a debt-deflation spiral.