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Market Research Report
Construction in China - Key Trends and Opportunities to 2021 |
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| Published by | GlobalData | Product code | 269983 | ||||
| Published | Content info | 103 Pages Delivery time: 1-2 business days |
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| Construction in China - Key Trends and Opportunities to 2021 | ||
| Published: November 20, 2017 | Content info: 103 Pages |
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The Chinese construction industry recovered in 2016 after experiencing a slowdown in 2015, due to deceleration in the country's economic growth. This led to high public debt, weak business confidence and reduced public and private sector investment in construction projects. The industry's growth in 2016 was supported by government efforts to accelerate the pace of economic growth through increased investment in public infrastructure projects.
Over the forecast period (2017-2021), the industry is expected to expand at a relatively slow pace, owing to persistent slow economic growth which is expected to hamper the flow of private sector investments into construction projects. The industry is, however, expected to gain some support from the government's plan to add momentum to the economy through large scale investments in transport and energy infrastructure projects.
Government flagship programs such as the 13th Five-Year Plan 2016-2020, Made in China 2025 and the rental housing program are expected to support the industry's expansion over the forecast period. Timetric expects the industry's output value to post a CAGR of 5.70% in real terms over the forecast period, compared to 7.43% registered during the review period (2012-2016).
Timetric's Construction in China - Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the Chinese construction industry, including:
This report provides a comprehensive analysis of the construction industry in China. It provides:
