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.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							       x

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Economic Overview						       5
		   Recent Economic Performance					       5
		   Economic Outlook						       7
		Demographic Overview						      12
		   Population							      12
		   Urbanization							      15
		   Households							      16
		Industrialization & Manufacturing Trends			      18
		Gross Fixed Capital Formation Trends				      21
		Labor Force & Employment Patterns				      22
		Personal Income Trends						      25
		Banking System & Regulations					      28
		Currency Exchange Rates						      32
		Inflation & Pricing Patterns					      35
		Legal & Regulatory Environment					      37
		Construction Technology & Quality				      41
		The Five-Year Plan						      43

	III.	OVERVIEW							      46
		General								      46
		Construction Expenditures by Type				      46
		Construction Expenditures by Market				      49
		International Environment					      52
		   Construction Expenditures for Selected Countries		      52
		   Foreign Participation in China’s Construction Industry	      54

	IV.	RESIDENTIAL BUILDING						      56
		General								      56
		New Housing Construction Expenditures				      61
		New Housing Completions						      64
		   Single Family						      65
		   Multiple Family						      67
		Additions & Alterations						      68
		Maintenance & Repairs						      70
		Housing Stock							      72
		   Single Family						      75
		   Multiple Family						      76
		   Ownership							      78
		Living Space							      79
		   Rural							      81
		   Urban							      82

	V.	NONRESIDENTIAL BUILDING						      84
		General								      84
		New Construction						      88
		Additions & Alterations						      89
		Maintenance & Repairs						      90
		Structure Types							      90
		   Industrial							      92
		   Office & Commercial						      93
		   Institutional						      94
		   Other							      95
		Nonresidential Building Stock					      96

	VI.	NONBUILDING CONSTRUCTION					      98
		General								      98
		New Construction						     101
		Maintenance & Repairs						     103
		Structure Types							     103
		   Roads & Other Transportation Infrastructure			     105
		   Utilities							     108
		   Other							     109

	VII.	REGIONAL TRENDS							     110
		General								     110
		Regional Demographic & Economic Trends				     112
		   Population Patterns						     113
		   Economic Outlook						     115
		Regional Construction Expenditures				     117
		   Central-North						     119
		      Overview							     119
		      Construction Expenditures					     121
		   Northeast							     123
		      Overview							     123
		      Construction Expenditures					     125
		   Central-East							     127
		      Overview							     127
		      Construction Expenditures					     129
		   Central-South						     131
		      Overview							     131
		      Construction Expenditures					     133
		   Southwest							     135
		      Overview							     135
		      Construction Expenditures					     137
		   Northwest							     139
		      Overview							     139
		      Construction Expenditures					     141

	VIII.	INDUSTRY STRUCTURE						     144
		General								     144
		Industry Composition						     145
		Market Share							     148
		Marketing							     151
		Financial Issues & Requirements					     154
		   Capital Expenditures						     155
		   Project Funding						     157
		      State							     157
		      Private Domestic						     158
		      Foreign Investment					     158
		Company Profiles						     159
		   Aker Solutions ASA						     160
		   Anhui Construction Engineering Group
		      Company Limited						     161
		   Balfour Beatty plc						     163
		   Bechtel Group Incorporated					     165
		   Beijing Chang Cheng Bilfinger Berger Construction Engineering, 
		      see Beijing Construction Engineering Group and Bilfinger Berger
		   Beijing Construction Engineering Group
		      Company Limited						     167
		   Beijing Research Institute of Metallurgical Equipment, 
		      see China Metallurgical Group
		   Beijing Urban Construction Group Company Limited		     169
		   Bilfinger Berger SE						     171
		   Black & Veatch Holding Company				     173
		   Bouygues SA							     175
		   Bovis Lend Lease Projects Shanghai, see Lend Lease
		   China Communications Construction Company Limited		     177
		   China Gezhouba Group Company Limited				     180
		   China National Chemical Engineering Company Limited		     182
		   China National Machinery Industry Corporation		     183
		   China Railway Construction Corporation Limited		     185
		   China Railway Group Limited					     187
		   China State Construction Engineering Corporation		     189
		   Chiyoda Corporation						     192
		   CTCI Corporation						     194
		   Dongfang Electric Corporation				     197
		   Fluor Corporation						     198
		   Foster Wheeler AG						     200
		   Fujian Construction Engineering Group Company		     202
		   Gammon Construction, see Balfour Beatty
		   Guangdong Construction Engineering Group
		      Corporation Limited					     204
		   Guangsha Construction Group Company Limited			     205
		   Hebei Construction Group Company Limited			     206
		   Hip Hing Construction, see NWS Holdings
		   HOCHTIEF AG							     208
		   Hunan Construction Engineering Group Corporation		     210
		   Jacobs Engineering Group Incorporated			     211
		   Jiangsu Suzhong Construction Group
		      Company Limited						     213
		   Jingding Engineering & Construction, see CTCI
		   Leighton Holdings, see HOCHTIEF
		   Lend Lease Corporation Limited				     215
		   Metallurgical Group of China Limited				     217
		   NWS Holdings Limited						     220
		   Qingjian Group Company Limited				     222
		   Shaanxi Construction Engineering Group Corporation		     223
		   Shang Ding Engineering & Construction, see CTCI
		   Shanghai Construction Group General Company			     225
		   Shanghai Urban Construction Group Corporation		     227
		   Sichuan Huashi Group Corporation Limited			     228
		   Sinohydro Corporation					     230
		   URS Corporation						     232
		   WISDRI Engineering & Research, see China Metallurgical Group
		   Xinjiang Construction Engineering Group, see
		      China State Construction Engineering
		   Zhejiang Construction Investment Group
		      Company Limited						     234
		Other Companies Mentioned in Study				     236


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	Gross Domestic Product of China					      11
	2	Population of China						      14
	3	Households in China by Region					      17
	4	Manufacturing Value Added in China				      20
	5	Gross Fixed Capital Formation in China by Region		      22
	6	Urban Labor Force & Employment in China, 2000-2010		      24
	7	Per Capita Gross Domestic Product in China by Region		      27
	8	Interest Rates in China, 2000-2010				      32
	9	Chinese Currency Exchange Rates, 2000-2010			      34
	10	Construction Pricing Deflators in China				      37

		SECTION III -- OVERVIEW
	1	Construction Expenditures in China by Type			      48
	2	Construction Expenditures in China by Market			      51
	3	Construction Expenditures for Selected Countries, 2000-2010	      53
	4	Foreign Participation in China’s Construction Industry		      55

		SECTION IV -- RESIDENTIAL BUILDING
	1	Residential Building Construction Expenditures in China
		   by Type							      60
	2	New Housing Construction Expenditures in China			      63
	3	New Housing Completions in China				      65
	4	Residential Building Addition & Alteration Expenditures
		   in China							      70
	5	Residential Building Maintenance & Repair Expenditures
		   in China							      72
	6	Housing Stock in China by Type & Ownership			      74
	7	Average Living Space in China					      80

		SECTION V -- NONRESIDENTIAL BUILDING
	1	Nonresidential Building Construction Expenditures in China
		   by Type							      87
	2	Nonresidential Building Construction Expenditures in China
		   by Structure							      91
	3	Nonresidential Building Stock in China				      97

		SECTION VI -- NONBUILDING CONSTRUCTION
	1	Nonbuilding Construction Expenditures in China by Type		     101
	2	Nonbuilding Construction Expenditures in China by Structure	     104
	3	Paved Roads in China by Region					     107

		SECTION VII -- REGIONAL TRENDS
	1	Population of China by Region					     114
	2	Gross Domestic Product of China by Region			     116
	3	Construction Expenditures in China by Region			     118
	4	Central-North Region of China: Construction Expenditures	     123
	5	Northeast Region of China: Construction Expenditures		     127
	6	Central-East Region of China: Construction Expenditures		     131
	7	Central-South Region of China: Construction Expenditures	     135
	8	Southwest Region of China: Construction Expenditures		     139
	9	Northwest Region of China: Construction Expenditures		     143

		SECTION VIII -- INDUSTRY STRUCTURE
	1	Revenue Data: Selected Construction Companies, 2010		     147
	2	Selected Cooperative Agreements					     153

				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION II -- MARKET ENVIRONMENT
	1	Population of China by Age, 2000-2020				      14
	2	Households in China by Region, 2000-2020			      18
	3	Urban Labor Force & Unemployment Rate in China,
		   2000-2010							      25
	4	Per Capita Gross Domestic Product in China
		   by Region, 2010						      28
	5	Chinese Currency Exchange Rates, 2000-2010			      35

		SECTION III -- OVERVIEW
	1	Construction Expenditures in China by Type, 2000-2020		      49
	2	Construction Expenditures in China by Market, 2000-2020		      51

		SECTION IV -- RESIDENTIAL BUILDING
	1	Residential Building Construction Expenditures in China
		   by Type, 2000-2020						      61
	2	New Housing Construction Expenditures in China, 2000-2020	      63
	3	Housing Stock in China by Type, 2000-2020			      75
	4	Average Living Space in China, 2000-2020			      81

		SECTION V -- NONRESIDENTIAL BUILDING
	1	Nonresidential Building Construction Expenditures
		   by Type, 2010						      88
	2	Nonresidential Building Construction Expenditures
		   by Structure, 2010						      92

		SECTION VI -- NONBUILDING CONSTRUCTION
	1	Nonbuilding Construction Expenditures in China
		   by Structure, 2010						     105
	2	Total & Paved Roads in China, 2000-2020				     107

		SECTION VII -- REGIONAL TRENDS
	1	Gross Domestic Product of China by Region, 2010			     116
	2	Construction Expenditures in China by Region, 2010		     119
	3	Central-North Region of China					     121
	4	Northeast Region of China					     125
	5	Central-East Region of China					     129
	6	Central-South Region of China					     133
	7	Southwest Region of China					     137
	8	Northwest Region of China					     141

		SECTION VIII -- INDUSTRY STRUCTURE
	1	Construction Market Share in China by Company, 2010		     148