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.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							      ix

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Economic Overview						       5
		   Recent Economic Performance					       5
		   Economic Outlook						       7
		Demographic Overview						      11
		   Population							      12
		   Urbanization							      14
		   Households							      15
		Industrialization & Manufacturing Trends			      17
		Gross Fixed Capital Formation Trends				      20
		Labor Force & Employment Patterns				      21
		Personal Income Trends						      25
		Banking System & Regulations					      28
		Currency Exchange Rates						      32
		Inflation & Pricing Patterns					      35
		Legal & Regulatory Environment					      38
		Construction Technology & Quality				      42
		The Twelfth Five-Year Plan					      44

	III.	OVERVIEW							      47
		General								      47
		Construction Expenditures by Type				      47
		Construction Expenditures by Market				      50
		International Environment					      53
		   Construction Expenditures for Selected Countries		      54
		   Foreign Participation in China’s Construction Industry	      55

	IV.	RESIDENTIAL BUILDING						      58
		General								      58
		New Housing Construction Expenditures				      62
		New Housing Completions						      65
		   Single Family						      68
		   Multiple Family						      70
		Additions & Alterations						      71
		Maintenance & Repairs						      73
		Housing Stock							      75
		   Single Family						      78
		   Multiple Family						      80
		   Ownership							      82
		Living Space							      83
		   Urban							      86
		   Rural							      87

	V.	NONRESIDENTIAL BUILDING						      88
		General								      88
		New Construction						      92
		Additions & Alterations						      93
		Maintenance & Repairs						      93
		Structure Types							      94
		   Industrial							      96
		   Office & Commercial						      98
		   Institutional						      99
		   Other							     100
		Nonresidential Building Stock					     101

	VI.	NONBUILDING CONSTRUCTION					     103
		General								     103
		New Construction						     106
		Maintenance & Repairs						     108
		Structure Types							     108
		   Roads & Other Transportation Infrastructure			     110
		   Utilities							     113
		   Other							     114



	VII.	REGIONAL TRENDS							     116
		General								     116
		Regional Demographic & Economic Trends				     118
		   Population Patterns						     119
		   Economic Outlook						     121
		Regional Construction Expenditures				     123
		   Central-North						     125
		      Overview							     125
		      Construction Expenditures					     127
		   Northeast							     129
		      Overview							     129
		      Construction Expenditures					     132
		   Central-East							     133
		      Overview							     133
		      Construction Expenditures					     135
		   Central-South						     137
		      Overview							     137
		      Construction Expenditures					     139
		   Southwest							     141
		      Overview							     141
		      Construction Expenditures					     143
		   Northwest							     145
		      Overview							     145
		      Construction Expenditures					     147

	VIII.	INDUSTRY STRUCTURE						     150
		General								     150
		Industry Composition						     151
		Market Share							     155
		Marketing							     158
		Financial Issues & Requirements					     160
		   Capital Expenditures						     161
		   Project Funding						     163
		      State							     163
		      Private Domestic						     164
		      Foreign Investment					     164
		Company Profiles						     165
		   Anhui Construction Engineering Group Company Limited		     166
		   Balfour Beatty plc						     168
		   Bechtel Group Incorporated					     170
		   Beijing Construction Engineering Group Company
		      Limited							     172
		   Beijing MCC Equipment Research & Design, see 
		      Metallurgical Corporation of China
		   Beijing Urban Construction Group Company Limited		     174
		   Black & Veatch Holding Company				     176
		   Bouygues SA							     177
		   China Communications Construction Company Limited		     179
		   China Gezhouba Group Company Limited				     182
		   China Harbour Engineering, see China Communications 
		      Construction
		   China National Chemical Engineering Company Limited		     184
		   China National Machinery Industry Corporation		     186
		   China Railway Construction Corporation Limited		     187
		   China Railway Group Limited					     189
		   China Road and Bridge, see China Communications Construction
		   China State Construction Engineering Corporation		     192
		   China Tianchen Engineering, see China National 
		      Chemical Engineering
		   Chiyoda Corporation						     195
		   CISDI Engineering, see Metallurgical Corporation
		      of China
		   CTCI Corporation						     197
		   Dongfang Electric Corporation				     199
		   E&C Engineering, see CTCI
		   Fluor Corporation						     201
		   Foster Wheeler AG						     203
		   Fujian Construction Engineering Group Company		     205
		   Gammon Construction, see Balfour Beatty
		   Guangdong Construction Engineering Group Corporation 
		      Limited							     207
		   Guangsha Construction Group Company Limited			     208
		   Hebei Construction Group Company Limited			     209
		   Hip Hing Construction, see NWS Holdings
		   HOCHTIEF AG							     211
		   Hunan Construction Engineering Group Corporation		     213
		   Jacobs Engineering Group Incorporated			     214
		   Jiangsu Suzhong Construction Group Company Limited		     215
		   Jingding Engineering & Construction, see CTCI
		   Leighton Holdings, see HOCHTIEF
		   Lend Lease Corporation Limited				     217
		   Metallurgical Corporation of China Limited			     219
		   NWS Holdings Limited						     222
		   Qingjian Group Company Limited				     224
		   Shaanxi Construction Engineering Group Corporation		     225
		   Shang Ding Engineering & Construction, see CTCI
		   Shanghai Construction Group General Company			     227
		   Shanghai Urban Construction Group Corporation		     229
		   Sichuan Huashi Group Corporation Limited			     230
		   Sinohydro Group Limited					     232
		   URS Corporation						     234
		   WISDRI Engineering & Research Incorporation, see 
		      Metallurgical Corporation of China
		   Zhejiang Construction Investment Group Company
		      Limited							     236
		Other Companies Mentioned in Study				     238


				      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						      13
	3	Households in China by Region					      16
	4	Manufacturing Value Added in China				      19
	5	Gross Fixed Capital Formation in China by Region		      21
	6	Employment Trends in China, 2001-2011				      24
	7	Per Capita Gross Domestic Product in China by Region		      27
	8	Interest Rates in China, 2001-2011				      32
	9	Chinese Currency Exchange Rates, 2001-2011			      34
	10	Construction Pricing Deflators in China				      37

		SECTION III -- OVERVIEW
	1	Construction Expenditures in China by Type			      49
	2	Construction Expenditures in China by Market			      52
	3	Construction Expenditures for Selected Countries, 2001-2011	      55
	4	Foreign Participation in China’s Construction Industry		      57

		SECTION IV -- RESIDENTIAL BUILDING
	1	Residential Building Construction Expenditures in China 
		   by Type							      62
	2	New Housing Construction Expenditures in China			      64
	3	New Housing Completions in China				      67
	4	Residential Building Addition & Alteration Expenditures 
		   in China							      73
	5	Residential Building Maintenance & Repair Expenditures 
		   in China							      75
	6	Housing Stock in China by Type & Ownership			      77
	7	Average Living Space in China	85
		   


		SECTION V -- NONRESIDENTIAL BUILDING
	1	Nonresidential Building Construction Expenditures in China 
		   by Type							      91
	2	Nonresidential Building Construction Expenditures in China 
		   by Structure							      95
	3	Nonresidential Building Stock in China				     102

		SECTION VI -- NONBUILDING CONSTRUCTION
	1	Nonbuilding Construction Expenditures in China by Type		     106
	2	Nonbuilding Construction Expenditures in China by Structure	     109
	3	Paved Roads in China by Region					     112

		SECTION VII -- REGIONAL TRENDS
	1	Population of China by Region					     120
	2	Gross Domestic Product of China by Region			     122
	3	Construction Expenditures in China by Region			     124
	4	Central-North Region of China: Construction Expenditures	     129
	5	Northeast Region of China: Construction Expenditures		     133
	6	Central-East Region of China: Construction Expenditures		     137
	7	Central-South Region of China: Construction Expenditures	     141
	8	Southwest Region of China: Construction Expenditures		     145
	9	Northwest Region of China: Construction Expenditures		     149

		SECTION VIII -- INDUSTRY STRUCTURE
	1	Revenue Data: Selected Construction Companies, 2011		     154

				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- MARKET ENVIRONMENT
	1	Population of China by Age, 2001-2021				      14
	2	Households in China by Region, 2001-2021			      17
	3	Employment Trends in China, 2001-2011				      25
	4	Per Capita Gross Domestic Product in China by Region, 2011	      28
	5	Chinese Currency Exchange Rates, 2001-2011			      35

		SECTION III -- OVERVIEW
	1	Construction Expenditures in China by Type, 2011		      50
	2	Construction Expenditures in China by Market, 2001-2021		      53

		SECTION IV -- RESIDENTIAL BUILDING
	1	New Housing Construction Expenditures in China, 2001-2021	      65
	2	New Housing Completions in China, 2001-2021			      68
	3	Housing Stock in China by Type, 2001-2021			      78
	4	Average Living Space in China, 2001-2021			      85

		SECTION V -- NONRESIDENTIAL BUILDING
	1	Nonresidential Building Construction Expenditures in China 
		   by Structure, 2011						      96

		SECTION VI -- NONBUILDING CONSTRUCTION
	1	Nonbuilding Construction Expenditures in China 
		   by Structure, 2011						     110
	2	Total & Paved Roads in China, 2001-2021				     112

		SECTION VII -- REGIONAL TRENDS
	1	Gross Domestic Product of China by Region, 2011			     122
	2	Construction Expenditures in China by Region, 2011		     125
	3	Central-North Region of China					     127
	4	Northeast Region of China					     131
	5	Central-East Region of China					     135
	6	Central-South Region of China					     139
	7	Southwest Region of China					     143
	8	Northwest Region of China					     147

		SECTION VIII -- INDUSTRY STRUCTURE
	1	Construction Market Share in China by Company, 2011		     155