Government Spending in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. 350
The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other. The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure. The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure. The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditure. The health segments includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure. The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure. Any currency conversions used in the creation of this report have been calculated using constant 2014 annual average exchange rates.
Chinese government expenditure totaled $2,902.5bn in 2015, representing a compound annual growth rate (CAGR) of 14.5% between 2011 and 2015.
The social protection segment was the market's largest in 2015, with total expenditure of $656.6bn, equivalent to 22.6% of the market's total.
China’s spending has been strong historically because the surge in the country’s economy has allowed it to. More recently however, with manufacturing and property investment slowdowns weighing on the economy, spending has continued to grow at a strong rate in order to meet growth targets.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in China
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in China
Leading company profiles reveal details of key government spending market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the China government spending market with five year forecasts
Macroeconomic indicators provide insight into general trends within the China economy
Key Questions Answered
What was the size of the China government spending market by value in 2015?
What will be the size of the China government spending market in 2020?
What factors are affecting the strength of competition in the China government spending market?
How has the market performed over the last five years?
What are the main segments that make up China's government spending market?