Construction in China Market 2017- By Plan Future Business Decisions Using the Forecast Figures 2021

WiseGuyReports published new report, titled “Construction in China”

Synopsis

The Chinese construction industry recovered in 2016 after experiencing a slowdown in 2015, due to deceleration in the country’s economic growth. This led to high public debt, weak business confidence and reduced public and private sector investment in construction projects. The industry’s growth in 2016 was supported by government efforts to accelerate the pace of economic growth through increased investment in public infrastructure projects.

Over the forecast period (2017–2021), the industry is expected to expand at a relatively slow pace, owing to persistent slow economic growth which is expected to hamper the flow of private sector investments into construction projects. The industry is, however, expected to gain some support from the government’s plan to add momentum to the economy through large scale investments in transport and energy infrastructure projects.
Government flagship programs such as the 13th Five-Year Plan 2016–2020, Made in China 2025 and the rental housing program are expected to support the industry’s expansion over the forecast period. Expects the industry’s output value to post a CAGR of 5.70% in real terms over the forecast period, compared to 7.43% registered during the review period (2012–2016).

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Summary

Construction in China – Key Trends and Opportunities to 2021 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, and the risks and opportunities they present to participants in the Chinese construction industry
• Profiles of the leading operators in the Chinese construction industry

Scope

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

• Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in China using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
• Detailed profiles of the leading construction companies in China

Key points to buy

• Identify and evaluate market opportunities using 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 critical and actionable insight.
• Assess business risks, including cost, regulatory and competitive pressures.
• Evaluate competitive risk and success factors.

Key Highlights

• In December 2016, the government launched the 13th Five-Year Plan 2016–2020, under which it aims to develop various infrastructure projects in key sectors such as transport, healthcare and telecommunications by 2020. Accordingly, the government announced plans to invest CNY3.5 trillion (US$522.4 billion) for the construction of 30,000km of high-speed rail network, CNY2.0 trillion (US$298.9 billion) for healthcare projects, and CNY1.2 trillion (US$179.1 billion) for internet infrastructure projects.
• In a bid to enhance trade relations with the Asian, African and European countries and thereby promote economic growth, in 2015 the government launched the ‘One Belt, One Road’ initiative. Under the plan, the government announced plans to invest CNY5.6 trillion (US$900.0 billion) to develop over 900 large-scale transport infrastructure projects, including high-speed rail networks and ports connecting the country with its neighboring countries. According to Timetric, the infrastructure construction market is expected to post a nominal forecast-period CAGR of 12.94%, marginally higher than the 12.32% registered during the review period.

• In August 2017, the Ministry of Housing and Urban-Rural Development, and the Ministry of Land and Resources announced plans to launch a new rental housing program. Under the program, the government aims to construct several public rental housing units in 13 major cities, including Beijing, Shanghai, Xiamen, Nanjing, Hefei, Guangzhou and Hangzhou by 2021.
•China is preparing to host the 2022 Winter Olympics. Accordingly, the government is developing sports infrastructure in Beijing with an investment of CNY19.3 billion (US$3.1 billion). The government announced plans to construct 56 indoor and outdoor skating venues, while also upgrading 22 existing snow resorts in the city by 2022.

• With an aim to transform Shenyang into a modern smart city, in August 2016 the Shenyang municipal government announced plans to develop the overall infrastructure in the city under the Shenyang National City Development Program. With a total investment of CNY1.5 trillion (US$232.5 billion), the program is expected to commence in 2018 and be completed in 2023.

Table of Contents

1 Executive Summary
2 Industry Outlook
3 Key Issues and Developments
4 Market Data Analysis
5 Company Profile: China State Construction Engineering Corporation Ltd
6 Company Profile: China Railway Construction Corporation Ltd
7 Company Profile: China Railway Group Ltd
8 Company Profile: China Communications Construction Co. Ltd
9 Company Profile: China Metallurgical Group Corporation
10 Appendix

..CONTINUED

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