Construction Outlook in China

Construction expenditures in China will rise 7.8 percent per annum through 2019. Nonresidential building will remain the largest and fastest growing segment, driven by growing consumer spending for manufactured goods and services. Residential building construction will benefit from migration from rural to urban areas.This study analyzes the 17.6 trillion yuan construction industry in China. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by market (residential building, nonresidential building, nonbuilding), type (e.g., single family housing, multifamily housing, industrial, office and commercial, institutional, roads and infrastructure, utilities) and geographic region.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 38 industry participants, including China State Construction Engineering, China Railway Group, and China Railway Construction.