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Construction in China - Key Trends and Opportunities

  • Date Submitted: 10/15/2016 02:01 AM
  • Flesch-Kincaid Score: 32.3 
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Oct, 15, 2016, Mumbai, India: Market Reports on China presents the report, on “Construction in China - Key Trends and Opportunities to 2020”.   This report provides a comprehensive analysis of the construction industry in China.

Synopsis
In real terms, the Chinese construction industry’s output contracted by 0.8% in 2015, following an average annual growth of 8.9% during the preceding four years. Weak economic conditions, low global commodity prices, poor fixed-capital investments, high debt-to-GDP ratios and low investment in real estate contributed to this decline.

According to the National Bureau of Statistics (NBS), the real estate investment growth rate reached 1.0% in 2015, the lowest level since 2011. This was preceded by annual growth of 10.5%, 19.8% and 16.3% in 2014, 2013 and 2012 respectively. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-6305/construction-china3.html"

Over the forecast period (2016-2020), the Chinese construction industry is expected to grow more slowly than during the review period (2011-2015), due to poor economic growth. However, expected expansion in the industry over the forecast period will be driven by investment in public infrastructure and renewable energy, and improvements in consumer and investor confidence.

Government flagship programs such as the 13th Five-Year Plan (2016-2020), the National New-Type Urbanization Plan (2014-2020), social housing programs, China’s 2016-2020 Energy Plan and Free Trade Zones (FTZ) schemes are expected to support growth over the forecast period.

The industry’s output value is expected to rise at a compound annual growth rate (CAGR) of 3.12% in real terms over the forecast period to 2020; down from 6.15% during the review period.

Summary
Construction in China - Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Chinese construction industry, including:

- The Chinese construction...

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