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Article Title: Construction Expenditures in China to Increase Nearly 8% Annually
Publication: Investorideas.com, 8/7/2015
Freedonia Study: Construction Outlook in China (3299)
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Construction expenditures in China are expected to increase 7.8 percent per annum in real terms through 2019. Gains will be driven by ongoing industrialization, an increasing urban population, expanding foreign investment funding, rising personal income levels, and further population and household growth in China. In addition, the government’s effort to sustain growth in the manufacturing sector, improve the country’s infrastructure, expand municipal utilities, and balance regional economic disparity will help growth in construction spending. However, further growth will be restricted by a slowdown in the Chinese economy, especially in fixed asset investment. These and other trends are presented in Construction Outlook in China, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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