Market Research Store

China Construction Market 2015 Key Trends, Size, Forecast, Analysis to 2019

China Construction Industry 2015 Market Analysis and Forecast to 2019 by Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 10/21/2015 -- Synopsis

Construction activity in China has been fairly weak since 2014, due to a slowdown in the property market, huge unsold housing stock, a relatively sluggish economy and high local government debt-to-GDP ratios. Consequently, the country's construction industry posted growth of 6.8% in real terms that year. This was preceded by annual growth rates of 13.5%, 9.7%, 9.3% and 9.5% in real terms in 2010, 2011, 2012 and 2013 respectively.

Moreover, China's fixed asset investment increased at the slowest pace in 15 years, from a 17.2% increase during January–May 2014, while fixed asset investment increased by 11.4% during the same period in 2015. In real terms, the industry's output value recorded a compound annual growth rate (CAGR) of 8.85% during the review period (2010–2014), and is expected to grow at a CAGR of 4.99% over the forecast period.

Browse Full Report with TOC: http://www.marketresearchstore.com/report/construction-in-china-key-trends-and-opportunities-28622

Summary

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

Scope

This report provides a comprehensive analysis of the construction industry in China. It provides:

- Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in China using construction output and value-add methods

- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

- Analysis of key construction industry issues, including regulation, cost management, funding and pricing

- Detailed profiles of the leading construction companies in China

Download Sample Report @: http://www.marketresearchstore.com/report/construction-in-china-key-trends-and-opportunities-28622#RequestSample

Reasons To Buy

- Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies

- Assess market growth potential at a micro-level with over 600 time-series data forecasts

- Understand the latest industry and market trends

- Formulate and validate business strategy using Timetric's critical and actionable insight

- Assess business risks, including cost, regulatory and competitive pressures

- Evaluate competitive risk and success factors

Key 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.

- In a bid to stem sliding economic growth, the Chinese government is making ongoing efforts to accelerate spending on the construction industry. In March 2015, the government allocated CNY1.1 trillion (US$185.8 billion) to upgrade the country's internet infrastructure and CNY124.3 billion (US$20.2 billion) for affordable housing. These projects will drive the construction industry's growth over the forecast period.

- Infrastructure investment remains a key strategy for supporting economic growth. In its 2015 budget, the Chinese government increased expenditure on infrastructure development by 4.4%, from CNY457.6 billion (US$74.5 billion) in 2014 to CNY477.6 billion (US$77.6 billion) in 2015. This will contribute to the continued expansion of infrastructure construction over the forecast period.

Companies Mentioned

China State Construction Engineering Corporation Ltd
China Railway Construction Corporation Ltd
China Railway Group Ltd
China Communications Construction Company Ltd
China Vanke Co., Ltd

Contact Us
Joel John
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442,
United States
Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No. 1-855-465-4651
Email: sales@marketresearchstore.com
Web: http://www.marketresearchstore.com