Construction expenditures in China are expected to rise 9.4 percent annually through 2015. The residential building sector will surpass nonresidential buildings as the leading market, while nonbuilding construction grows the fastest. The populous Central-East region will remain the largest market while the Northwest region grows the fastest.
This study analyzes the 9.1 trillion yuan construction industry in China. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by type (new construction, additions and alterations, maintenance and repairs), market (residential building, nonresidential building, nonbuilding) and region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 40 industry participants, including China Railway Group, China Railway Construction and China State Construction Engineering.