Construction expenditures in China will increase 8.8 percent per annum in real terms to 16.4 trillion yuan in 2016. Nonbuilding construction will be the fastest growing segment, benefiting from transportation infrastructure expansion and upgrades, and from the construction of utilities. Growth in residential and nonresidential building construction will also be strong.
This study analyzes the 10.8 trillion yuan construction industry in China. It presents historical demand data for the years 2001, 2006 and 2011 with forecasts for 2016 and 2021 by construction type (residential building, nonresidential building, nonbuilding) and region (e.g., Central-North, Northeast, Central-East).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 industry participants, including China State Construction Engineering, China Railway Group and China Railway Construction.