"Construction in China - Key Trends and Opportunities to 2019" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Sep 08 2015

Timetric's Construction in China - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Chinese construction industry, including:

* The Chinese construction industry's growth prospects by market, project type and type of construction activity
* Analysis of equipment, material and service costs for each project type in China
* Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Chinese construction industry
* Profiles of the leading operators in the Chinese construction industry.
* Data highlights of the largest construction projects in China

Report Highlights

* The construction industry in China is expected to grow at a slower pace over the forecast period as compared to review period, due to sliding economic growth. Expected expansion in the industry over the forecast period will be driven by huge demand for transport infrastructure and affordable housing amid the ongoing urbanization process. In an effort to boost domestic consumption - as the country's urban population as a part of the total is expected to increase from 53.7% in 2014 to 60% by 2020 - the government released the 2014-2020 urbanization plan in 2014. Accordingly, the government is planning to expand its urban infrastructure, transport network and social housing by 2020 to handle the growing urban population.
* The Ministry of Transport (MoT) has stated that in 2015, the total investment in the country's infrastructure construction will amount to CNY2.5 trillion (US$406.2 billion), which includes the construction of railways, roads, waterways and airports. Of the total investment, CNY800 billion (US$130.0 billion) will be spent on the construction of an 8,000km rail track, and CNY800 billion (US$130 billion) will be spent on the construction of 57 ongoing and 27 new water conservation projects.
* The residential construction market will be supported by government-led affordable housing projects. Under the 12th Five-Year Plan, the government outlined its plans to construct 36 million affordable housing units across the country between 2011 and 2015. According to the Ministry of Housing and Urban-rural Development, the government fund allocation towards the affordable housing projects grew from CNY172.9 billion (US$27.9 billion) in 2013 to CNY198 billion (US$32.4 billion) in that of 2014, at an increase of 14.5%. In 2014 alone, the government constructed 5.1 million housing units in urban areas, with 2.3 million housing units underway.

Full Report Details at
- http://www.fastmr.com/prod/1040111_construction_china_key_trends.aspx?afid=301

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