Construction in China – Key Trends and Opportunities to 2018

Date: 2015-09

The Chinese construction industry recorded a nominal CAGR of 19.99% during the review period (2009–2013). This growth was supported by public investments in infrastructure, residential and industrial construction. The participation of the private sector through public-private partnerships (PPPs) also helped to boost construction activity in the country. Over the forecast period (2014–2018), the growth will be supported by the expanding economy and increased government spending on public infrastructure. The infrastructure and residential markets collectively accounted for 72.3% of the total construction industry in 2013, and are expected to grow over the forecast period due to increased public investment, urbanization and the strong demand for housing. The construction industry’s output is expected to record a CAGR of 9.72% over the forecast period.

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