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Study on Construction Industry in China announces that a new market research report is available in its catalogue: Construction Outlook in China (


This study analyzes the construction industry in China. The following types of activities are covered: new building and nonbuilding (bridges, dams, roads, etc.) construction, building additions and alterations, and maintenance and repair construction. Contractor installation of equipment (such as central air conditioning and heating systems, elevators, and sprinkler systems) that forms an integral part of a new or refurbished structure is included here as well. The Special Administrative Regions of Hong Kong and Macau are excluded from the scope of the study. These regions remain to a great extent economically independent from the rest of China, even though they returned to the People's Republic of China in the late 1990s. Taiwan, which is economically independent from the rest of China and not under the administration of the central government, is also excluded from the scope of this study.

Historical data for 1999, 2004 and 2009 and forecasts to 2014 and 2019 are provided for construction expenditures in China by market (residential building, nonresidential building and nonbuilding construction) in both current yuan (including inflation) and constant 2008 yuan. Statistics are also provided for construction expenditures by region and by type (new, building additions and alterations, and maintenance and repair), for construction industry revenues, and for international trade in construction services valued in constant 2008 yuan.

Data is provided as well for new housing construction (in square meters and units), residential building stock (in square meters and units), average living space for rural and urban residents (in square meters), and nonresidential building stock (in square meters). The renminbi (or RMB) is the official currency of the People's Republic of China, and the base unit of the renminbi is the yuan. The term "yuan" is used throughout this report when referring to currency amounts. The overall value of construction expenditures is also provided in US dollars. Generally, the official currency exchange rate is used in each year to convert current yuan to current dollars (with the April 2010 exchange rate being used for 2014 and 2019). In addition, major construction contractors active in China are identified and profiled, and key competitive variables are discussed.

The entire report is framed within the Chinese construction industry's economic and market environments, and therefore environmental variables affecting construction activity in the country (such as government plans and regulations, inflation and interest rates, manufacturing value added, population trends and overall economic performance) are emphasized. Construction market share data by enterprise presented in the Industry Structure section are estimated based on consultation with multiple sources. Tabular details may not always add to totals due to rounding. Economic and demographic indicators presented in this study were obtained from The Freedonia Group Consensus Forecasts dated March 2010.

A wide variety of primary and secondary sources were also used in the compilation of this report. These include Chinese government statistical agencies (principally the National Bureau of Statistics of China), other Chinese government agencies (including the Ministry of Commerce and Ministry of Housing and Urban-Rural Development), the China International Contractors Association, International Monetary Fund, Organisation for Economic Cooperation and Development, United Nations, US Department of Agriculture, US State Department, World Bank, industry experts, financial sources, and construction and building material companies. In addition, data and background information were obtained from various news and trade publications, including Architectural Record, The China Business Review, China Construction News, China Daily, Engineering News- Record, People's Daily, South China Morning Post and World Highways. Corporate annual reports, product literature and other company information were also used in framing the industry and market environments and as input for market size assessments. Statistics from various sources were carefully examined during the preparation of this study, and contradictions and discrepancies among data sources were noted. The accuracy and reliability of figures from each source were evaluated, and adjustments were made where deemed necessary. This was done in order to arrive at a consistent set of industry statistics, which are based on the best available information at the time this study was published. As a result, the data presented here may differ, sometimes substantially, from figures issued by official governmental sources.


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