
China Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecast, 2023-2027
Description
China Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecast, 2023-2027
Summary
The construction industry in China is estimated to expand by 3.6% in real terms in 2023, owing to a significant increase in infrastructure and energy and utilities construction. According to China Government Network, the construction industry's business activity index increased to a score of 63.9 in March 2023, up from scores of 60.2 in February and 56.4 in January 2023, indicating expansion as scores above 50 represent growth. In addition, 28 of 31 Chinese provinces recorded Y-o-Y growth in construction output in Q1 2023, with Jiangsu registering growth of 6.7%, output in Zhejiang increasing by 6.1%, and construction in Guangdong expanding by 11.8%.The construction industry is expected to record an average annual growth rate of 4.4% between 2024 and 2027, supported by investment in infrastructure projects as part of the 14th Five-Year Plan (FYP) (2021-2025). The plan has 20 quantitative targets under five categories: economic development; innovation; people’s well-being; green development; and food and energy security. In 2022, the National Development and Reform Commission (NDRC) approved 109 fixed asset investment projects worth CNY1.5 trillion ($222.4 billion), primarily in the transport infrastructure, energy, water conservation and information infrastructure sectors.The report provides detailed market analysis, information, and insights into China’s construction industry, including -
- China’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in China’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in China. It provides -
- Identify and evaluate market opportunities using GlobalData'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 strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
55 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 7.4 GlobalData Construction
- Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: China, Key Economic Indicators
- Table 3: China, Gross Output of Construction, CNY Billion, (Annual, 2016-22)
- Table 4: China, Commercial Construction Output by Project Type (Real % Change), 2018-27
- Table 5: China, Top Commercial Construction Projects by Value
- Table 6: China, Industrial Construction Output by Project Type (Real % Change), 2018-27
- Table 7: China, Top Industrial Construction Projects by Value
- Table 8: China, Infrastructure Construction Output by Project Type (Real % Change), 2018-27
- Table 9: China, Top Infrastructure Construction Projects by Value
- Table 10: China, Energy and Utilities Construction Output by Project Type (Real % Change), 2018-27
- Table 11: China, Top Energy and Utilities Construction Projects by Value
- Table 12: China, Institutional Construction Output by Project Type (Real % Change), 2018-27
- Table 13: China, Top Institutional Construction Projects by Value
- Table 14: China, Residential Construction Output by Project Type (Real % Change), 2018-27
- Table 15: China, Top Residential Construction Projects by Value
- Table 16: China, Key Contractors
- Table 17: China, Key Consultants
- Table 18: China, Construction Output Value (Real, $ Billion)
- Table 19: China, Construction Output Value (Nominal, CNY Billion)
- Table 20: GlobalData Construction Market Definitions
- Table 21: Risk Dimensions
- Table 22: Ratings, Scores and Definitions
- List of Figures
- Figure 1: North-east Asia, Construction Output (Real % Change), 2021-27
- Figure 2: China, Construction Output by Sector (Real % Change), 2021-23 and 2024-27
- Figure 3: China, Risk Summary
- Figure 4: China, Risk Regional Comparison
- Figure 5: China, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2018-27
- Figure 6: China, Construction Output Value, by Sector (Real, $ Million), 2018-27
- Figure 7: China, Construction Value Add, Accumulated Quarter, % Change YoY
- Figure 8: China, Total Value of Buildings Completed by Construction Enterprises (CNY Billion)
- Figure 9: China, Construction Purchasing Managers’ Index (PMI), Seasonally Adjusted
- Figure 10: China, Investment on Fixed Assets in the Construction Industry, (Accumulated % Change, YoY)
- Figure 11: China, Total Value of New Contracts Signed by Construction Enterprises (CYN Trillion)
- Figure 12: China, Total Value of New Contracts Signed by Construction Enterprises by Top 10 Provinces (CYN Billion)
- Figure 13: China, Investment in Real Estate Development, (Accumulated % Change, YoY)
- Figure 14: China, Construction Projects Momentum Index
- Figure 15: Region, Construction Projects Momentum Index
- Figure 16: China, Commercial Construction Output by Project Type (Real, $ Million), 2018-27
- Figure 17: China, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 18: China, Total Floor Space of Commercial Buildings Under Construction, in Million m2 (Accumulated)
- Figure 19: China, Total Retail Sales of Consumer Goods, In CNY Billion
- Figure 20: China, Investment in Commercial Real Estate Development (in CNY Billion)
- Figure 21: China, Floor Space of Office Buildings Under Construction, % Change YoY
- Figure 22: China, Investment on Office Buildings, In CNY Billion
- Figure 23: China, Industrial Construction Output by Project Type (Real, $ Million), 2018-27
- Figure 24: China, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 25: China, Industrial and Manufacturing Value Add, % Change YoY
- Figure 26: China, Manufacturing Purchasing Managers Index, Seasonally Adjusted
- Figure 27: China, Automobile Production and Sales, In Thousand Units
- Figure 28: China, Total Exports (in $ Billion), % Change YoY
- Figure 29: China, Infrastructure Construction Output by Project Type (Real, $ Million), 2018-27
- Figure 30: China, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 31: China, Fixed Asset Investment in The Transport Sector (% Change, YoY)
- Figure 32: China, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2018-27
- Figure 33: China, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 34: China, Total Electricity Generation, In TWh
- Figure 35: China, Institutional Construction Output by Project Type (Real, $ Million), 2018-27
- Figure 36: China, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 37: China, Total Value of Buildings Completed for Scientific Research, Education, and Medical Use YoY % Change
- Figure 38: China, Residential Construction Output by Project Type (Real, $ Million), 2018-27
- Figure 39: China, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 40: China, Total Floor Space of Residential Area Under Construction and Total Floor Space of Residential Builds Started This Year
- Figure 41: China, Total Nominal Value of Residential Buildings Sold (in CNY Trillion)
- Figure 42: China, Investment in Residential Real Estate Development (in CNY Billion)
- Figure 43: China, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 44: China, Headquarters of Key Consultants (% of Total Project Pipeline)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.