Recently Viewed
empty-cart

There are no Recent Items

Close
Login/Register

Close
Single User License Price USD 1950
Single User License Price INR 138840
Corporate User License Price USD 5850
Corporate User License Price INR 416520
Site License Price USD 3900
Site License Price INR 277680
Request a Quote

Report Title

Construction in China - Key Trends and Opportunities to 2022

Quote Request for License Type
License Type Price  
Single User License USD 1950
Site License USD 3900
Enterprise Wide License USD 5850
"Thanks for submitting the form. Our marketing team will connect back to you for the budget constraint."
Close
REQUEST A CUSTOMIZED RESEARCH

Report Title

Construction in China - Key Trends and Opportunities to 2022


Quote Request for License Type
License Type Price  
Single User License USD 1950
"Thanks for letting us know your requirement. Our research team will connect back to you for the bespoke requirement."
Close
REQUEST FOR SAMPLE REPORT

Report Title

Construction in China - Key Trends and Opportunities to 2022

"Thanks for submitting the form. The concerned team will send the sample report in the next 12 hours."
"Thank you for downloading the sample report."
Close

Construction in China - Key Trends and Opportunities to 2022



Executive Summary

Construction in China-Key Trends and Opportunities to 2022

Summary

China's construction industry registered a growth of 4.3% in real terms in 2017 which was preceded by an average annual growth of 8.2% during 2013-2016. The slow growth in 2017 can be attributed to high debt-to-GDP ratios, slow economic growth and deceleration in fixed assets investment. Although output growth slowed in 2017, the general upward trend can be attributed to public and private sector investment in transport, residential and energy infrastructure construction projects.

The industry is expected to expand over the forecast period (2018-2022), albeit at a much slower pace. The industry's expansion is expected to be supported by the government's ongoing efforts to promote economic growth through large-scale investments in infrastructure. The government's focus on upgrading tourism and energy infrastructure is expected to drive funding towards construction projects over the forecast period. Additionally, the construction works related to the upcoming 2022 Winter Olympic Games are expected to drive the growth of the industry.

The Chinese construction industry is expected to face challenges over the forecast period. Notably, the ongoing trade war between China and the US is expected to impact China's economy, which could have an adverse impact on construction spending. Moreover, the government's efforts to curb public debt are expected to affect the growth prospects of the construction industry over the forecast period. However, to stimulate the economy and absorb trade war impact, the government is set to increase infrastructure spending.

The industry's output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.24% over the forecast period, compared to 6.84% during the review period (2013-2017).

GlobalData's "Construction in China-Key Trends and Opportunities to 2022", 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 construction activity

- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Chinese construction industry

- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Key Highlights

- GlobalData expects the residential construction market to account for 43.9% of the industry's total value in 2022. Over the forecast period, market output is expected to be supported by public and private sector investments in the construction of new residential buildings to meet the demand for housing. According to the Ministry of Housing and Urban-Rural Development, the government plans to construct 5.8 million housing units in rundown urban areas in 2018.

- GlobalData expects the infrastructure construction market to record a forecast-period CAGR of 10.38% in nominal terms driven by the government's focus on the development of the country's rail, road, airport and other transport infrastructure under the 13th Five-Year Plan 2016-2020. In April 2018, the central Chinese municipality of Chongqing announced plans to invest CNY90.5 billion (USD 14.3 billion) in developing transport infrastructure across the region in 2018.

- The Chinese energy and utilities construction market's growth will be supported by investment in the construction of nuclear power units in the country. In June 2018, Rosatom, the Russian state nuclear company and China National Nuclear Power (CNNC) signed two agreements for the construction of the four nuclear power units in the country. The total investment in the project is anticipated to be CNY24.2 billion (USD 3.6 billion).

- In 2017, the Civil Aviation Administration of China and the National Development and Reform Commission announced a plan to construct 136 new civil airports across the country by 2025. Consequently, the country's airports passenger-handling capacity will increase from 910 million passengers in 2015 to 1.5 billion in 2020, and 2.2 billion by 2025.

- The total construction project pipeline in China-as tracked by GlobalData and including all mega projects with a value above USD 25 million-stands at CNY21.6 trillion (USD 3.2 trillion). The pipeline, which includes all projects from pre-planning to execution, is skewed to late-stage projects, with 67.6% of the pipeline value being in projects in the pre-execution and execution stages as of October 2018.

Scope

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

- Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in China, featuring details of key growth drivers.

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

- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

- Listings of major projects, in addition to details of leading contractors and consultants.

Reasons to buy

- 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

1. EXECUTIVE SUMMARY 2

2. CONSTRUCTION OUTLOOK: AT-A-GLANCE 3

3. LATEST NEWS AND INDICATORS 9

4. KEY DRIVERS AND RISKS 11

4.1. Economic Performance 11

4.2. Political Environment 11

4.3. Demographics 11

4.4. Risk Profile 12

5. CONSTRUCTION OUTLOOK 13

5.1. All Construction 13

5.1.1. Outlook 13

5.1.2. Project analytics 15

5.2. Commercial Construction 18

5.2.1. Outlook 18

5.2.2. Project analytics 20

5.3. Industrial Construction 22

5.3.1. Outlook 22

5.3.2. Project analytics 24

5.4. Infrastructure Construction 26

5.4.1. Outlook 26

5.4.2. Project analytics 27

5.5. Energy and Utilities Construction 29

5.5.1. Outlook 29

5.5.2. Project analytics 31

5.6. Institutional Construction 33

5.6.1. Outlook 33

5.6.2. Project analytics 35

5.7. Residential Construction 37

5.7.1. Outlook 37

5.7.2. Project analytics 39

6. KEY INDUSTRY PARTICIPANTS 41

6.1. Contractors 41

6.2. Consultants 43

7. APPENDIX 45

7.1. What is this Report About? 45

7.2. Definitions 45

8. ABOUT GLOBALDATA 49

8.1. GlobalData at a Glance 49

8.2. GlobalData Construction 50

8.3. Disclaimer 51

8.4. Contact Us 51

To know more information on Purchase by Section, please send a mail to sales@kenresearch.com

List of Figures

Figure 1: Key Markets, Construction Output Growth Matrix and Risk Matrix 3

Figure 2: China, Construction Projects Pipeline by Sector (CNY Billion) 3

Figure 3: China, Value of New Contracts Signed by Construction Enterprises (CNY Billion) 9

Figure 4: China, Risk Profile, Q3 2018 12

Figure 5: China, Risk Comparison, Q3 2018 12

Figure 6: China, Construction Output Value (Real, USD billion, 2017 prices and exchange rate) 13

Figure 7: China, Construction Output Value, Growth Matrix 14

Figure 8: China, Construction Output Value, by Sector (CNY Billion), 2013-2022 14

Figure 9: China, Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion), 2017-2022 15

Figure 10: China, Construction Projects Pipeline, Value by Stage (CNY Billion) 15

Figure 11: China, Commercial Construction Output by Project Type (CNY Billion), 2013-2022 19

Figure 12: China, Commercial Construction Projects Pipeline, Value by Stage (CNY Billion) 20

Figure 13: China, Commercial Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion) 21

Figure 14: China, Industrial Construction Output by Project Type (CNY Billion), 2013-2022 23

Figure 15: China, Industrial Construction Projects Pipeline, Value by Stage (CNY Billion) 24

Figure 16: China, Industrial Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion) 25

Figure 17: China, Infrastructure Construction Output by Project Type (CNY Billion), 2013-2022 26

Figure 18: China, Infrastructure Construction Projects Pipeline, Value by Stage (CNY Billion) 27

Figure 19: China, Infrastructure Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion) 28

Figure 20: China, Energy and Utilities Construction Output by Project Type (CNY Billion), 2013-2022 30

Figure 21: China, Energy and Utilities Construction Projects Pipeline, Value by Stage (CNY Billion) 31

Figure 22: China, Energy and Utilities Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion) 32

Figure 23: China, Institutional Construction Output by Project Type (CNY Billion), 2013-2022 34

Figure 24: China, Institutional Construction Projects Pipeline, Value by Stage (CNY Billion) 35

Figure 25: China, Institutional Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion) 36

Figure 26: China, Residential Construction Output by Project Type (CNY Billion), 2013-2022 38

Figure 27: China, Residential Construction Projects Pipeline, Value by Stage (CNY Billion) 39

Figure 28: China, Residential Construction Projects Pipeline, Projected Annual Spending by Stage (CNY Billion) 40

Figure 29: China, Headquarters of Key Contractors (% of Total Project Pipeline) 42

Figure 30: China, Headquarters of Foreign Contractors (% of Project Pipeline with Foreign Contractor) 42

Figure 31: China, Headquarters of Key Consultants (% of Total Project Pipeline) 44

Figure 32: China, Headquarters of Foreign Consultants (% of Project Pipeline with Foreign Consultants) 44

List of Tables

Table 1: Construction Outlook 3

Table 2: China, Key Economic Indicators 11

Table 3: China, Construction Output Value (nominal, CNY Billion) 16

Table 4: China, Construction Output Value (nominal, USD Billion) 17

Table 5: China, Top Commercial Construction Projects by Value 21

Table 6: China, Top Industrial Construction Projects by Value 25

Table 7: China, Top Infrastructure Construction Projects by Value 28

Table 8: China, Top Energy and Utilities Construction Projects by Value 32

Table 9: China, Top Institutional Construction Projects by Value 36

Table 10: China, Top Residential and Mixed-Use Construction Projects by Value 40

Table 11: China, Key Contractors 41

Table 12: China, Key Consultants 43

Table 13: GlobalData Construction Market Definitions 46

Table 14: Construction Risk Index Ratings and Scores 48

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License:
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Construction, Chinese Construction Industry, Commercial Construction, Institutional Construction, Industrial Construction, Infrastructure Construction, Residential Construction, Energy and Utilities Construction


Related Products in vertical
red-whiteline

RECENT VIEWED REPORTS



Sign up for newsletter

Close
Apply For Job

  • Applicant Name
  • Job Function
  • Total Experience
  • Skills
  • Email ID
  • Notice Period
  • Current CTC & Expected CTC
  • Phone Number
  • Validation
  • captcha  info-icon

    If validation code does not match, please refresh the page.

  • "Your resume has been successfully received. HR will connect you within 14 days in case your resume gets shortlisted."
Close
Download Company Brochure

  • Name
  • Email
  • Company Name
  • Select Country*
  • Phone Number
  • Validation
  •   info-icon

    If validation code does not match, please refresh the page.

Close
Engage With Us

  • Name
  • Designation
  • Email
  • Phone No.
  • Company Name
  • Company URL
  • Select Country*
  • Requirements/ Comments
  • Validation
  • captcha  info-icon

    If validation code does not match, please refresh the page.

  • "Thanks for submitting the form. The concerned team will respond to your query in the next 8-12 hours"
Close

Compare

Expand

person