Construction spending in China is forecast to grow 8.1 percent annually through 2013. Nonbuilding construction will rise at the fastest pace based on government efforts to modernize the transportation and utility infrastructure. Nonresidential building will remain the largest segment based on ongoing industrialization and institutional modernization.This study analyzes the 5.6 trillion yuan construction industry in China. It presents historical construction expenditure data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by type (e.g., 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 40 industry participants, including China Railway Group, China Railway Construction, and China State Construction Engineering.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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