Toll Free: 1-888-928-9744
Toll Free: 1-888-928-9744
Published: Sep, 2016 | Pages:
89 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)
Summary Timetric’s Construction in China – Key Trends and Opportunities to 2020 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 • Analysis of equipment, material and service costs for each project type in China • 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 • Data highlights of the largest construction projects in China Synopsis In real terms, the Chinese construction industry’s output contracted by 0.8% in 2015, following an average annual growth of 8.9% during the preceding four years. Weak economic conditions, low global commodity prices, poor fixed-capital investments, high debt-to-GDP ratios and low investment in real estate contributed to this decline. According to the National Bureau of Statistics (NBS), the real estate investment growth rate reached 1.0% in 2015, the lowest level since 2011. This was preceded by annual growth of 10.5%, 19.8% and 16.3% in 2014, 2013 and 2012 respectively. Over the forecast period (2016–2020), the Chinese construction industry is expected to grow more slowly than during the review period (2011–2015), due to poor economic growth. However, expected expansion in the industry over the forecast period will be driven by investment in public infrastructure and renewable energy, and improvements in consumer and investor confidence. Government flagship programs such as the 13th Five-Year Plan (2016–2020), the National New-Type Urbanization Plan (2014–2020), social housing programs, China’s 2016–2020 Energy Plan and Free Trade Zones (FTZ) schemes are expected to support growth over the forecast period. The industry’s output value is expected to rise at a compound annual growth rate (CAGR) of 3.12% in real terms over the forecast period to 2020; down from 6.15% during the review period. Scope This report provides a comprehensive analysis of the construction industry in China It provides: • Historical (2011-2015) and forecast (2016-2020) 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 project type • 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) • Analysis of key construction industry issues, including regulation, cost management, funding and pricing • Detailed profiles of the leading construction companies in China Reasons To Buy • Identify and evaluate market opportunities using Timetric'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 Timetric's critical and actionable insight. • Assess business risks, including cost, regulatory and competitive pressures. • Evaluate competitive risk and success factors. Key Highlights • The Chinese construction industry’s growth rate is slowing in line with the country’s broader economic slowdown. According to the NBS, the construction industry’s value add at current prices grew by 3.7%, increasing in value from CNY4.5 trillion (US$732.5 billion) in 2014 to CNY4.7 trillion (US$739.8 billion) in 2015. • Rapid urbanization and the growing working population have elevated demand for a fast and convenient transport system. Consequently, the government is investing heavily in expanding the country’s rail network and high-speed railways; the government plans to invest CNY2.8 trillion (US$438.0 billion) in railway projects over 2016–2020. The government also plans to increase the length of high-speed railway lines from 19,000km in 2015 to 30,000km by 2020. • To improve regional trade, the government plans to connect China with European and Asian countries through adequate transport infrastructure under the One Belt, One Road plan. As part of this plan, in 2015, the government announced plans to invest CNY5.5 trillion (US$900 billion) to construct the Silk Road Economic Belt and the Maritime Silk Road. In the same year, the government announced plans to spend CNY124.4 billion (US$20.0 billion) on the construction of a 3,218km high-speed rail network from China to Tehran. • The government’s focus on affordable houses is expected to support the residential construction market growth over the forecast period. Under the National New-Type Urbanization Plan (2014–2020), the government plans to build new urban cities with social houses to accommodate 100 million rural migrants by 2020 and 250 million by 2025. • The government is upgrading the power grid transmission infrastructure across the country in order to reduce electricity waste in transmission and distribution, as well as to increase efficiency. Accordingly, in 2015, it announced plans to invest CNY2.3 trillion (US$315.0 billion) to construct new power grids, and increase the length of the high-voltage network to 1 million km and medium-voltage network to 4 million km in the country by 2020
Table of Content 1 Executive Summary 2 Industry Outlook 2.1 Commercial Construction 2.2 Industrial Construction 2.3 Infrastructure Construction 2.4 Energy and Utilities Construction 2.5 Institutional Construction 2.6 Residential Construction 3 Key Issues and Developments 4 Market Data Analysis 4.1 Construction Output and Value Add 4.1.1 Construction output by project type 4.1.2 Construction output by cost type 4.1.3 Construction output by activity type 4.1.4 Construction value add by project type 4.2 Commercial Construction 4.2.1 Commercial construction output by project type 4.2.2 Commercial construction output by cost type 4.2.3 Commercial construction output by activity type 4.2.4 Commercial construction value add by project type 4.3 Industrial Construction 4.3.1 Industrial construction output by project type 4.3.2 Industrial construction output by cost type 4.3.3 Industrial construction output by activity type 4.3.4 Industrial construction value add by project type 4.4 Infrastructure Construction 4.4.1 Infrastructure construction output by project type 4.4.2 Infrastructure construction output by cost type 4.4.3 Infrastructure construction output by activity type 4.4.4 Infrastructure construction value add by project type 4.5 Energy and Utilities Construction 4.5.1 Energy and utilities construction output by project type 4.5.2 Energy and utilities construction output by cost type 4.5.3 Energy and utilities construction output by activity type 4.5.4 Energy and utilities construction value add by project type 4.6 Institutional Construction 4.6.1 Institutional construction output by project type 4.6.2 Institutional construction output by cost type 4.6.3 Institutional construction output by activity type 4.6.4 Institutional construction value add by project type 4.7 Residential Construction 4.7.1 Residential construction output by project type 4.7.2 Residential construction output by cost type 4.7.3 Residential construction output by activity type 4.7.4 Residential construction value add by project type 5 Company Profile: China State Construction Engineering Corporation LTd 5.1 China State Construction Engineering Corporation Ltd – Company Overview 5.2 China State Construction Engineering Corporation Ltd – Business Description 5.3 China State Construction Engineering Corporation Ltd – Main Services 5.4 China State Construction Engineering Corporation Ltd – History 5.5 China State Construction Engineering Corporation Ltd – Company Information 5.5.1 China State Construction Engineering Corporation Ltd – key competitors 5.5.2 China State Construction Engineering Corporation Ltd – key employees 6 Company Profile: China Railway Construction Corporation Ltd 6.1 China Railway Construction Corporation Ltd – Company Overview 6.2 China Railway Construction Corporation Ltd – Business Description 6.3 China Railway Construction Corporation Ltd – Main Products and Services 6.4 China Railway Construction Corporation Ltd – History 6.5 China Railway Construction Corporation Ltd – Company Information 6.5.1 China Railway Construction Corporation Ltd – key competitors 6.5.2 China Railway Construction Corporation Ltd – key employees 7 Company Profile: China Railway Group Ltd 7.1 China Railway Group Ltd – Company Overview 7.2 China Railway Group Ltd – Business Description 7.3 China Railway Group Ltd – Main Services 7.4 China Railway Group Ltd – History 7.5 China Railway Group Ltd – Company Information 7.5.1 China Railway Group Ltd – key competitors 7.5.2 China Railway Group Ltd – key employees 8 Company Profile: China Communications Construction Company Ltd 8.1 China Communications Construction Company Ltd – Company Overview 8.2 China Communications Construction Company Ltd – Business Description 8.3 China Communications Construction Company Ltd – Main Products and Services 8.4 China Communications Construction Company Ltd – History 8.5 China Communications Construction Company Ltd – Company Information 8.5.1 China Communications Construction Company Ltd – key competitors 8.5.2 China Communications Construction Company Ltd – key employees 9 Company Profile: Power Construction Corporation of China Ltd 9.1 Power Construction Corporation of China Ltd – Company Overview 9.2 Power Construction Corporation of China Ltd – Main Services 9.3 Power Construction Corporation of China Ltd – History 9.4 Power Construction Corporation of China Ltd – Company Information 9.4.1 Power Construction Corporation of China Ltd – key competitors 9.4.2 Power Construction Corporation of China Ltd – key employees 10 Appendix 10.1 What is this Report About? 10.2 Definitions 10.3 Methodology 10.4 Contact Timetric 10.5 About Timetric 10.6 Timetric’s Services 10.7 Disclaimer
List of Tables Table 1: Chinese Construction Output by Project Type (CNY Million), 2011–2015 Table 2: Chinese Construction Output by Project Type (CNY Million), 2015–2020 Table 3: Chinese Construction Output by Cost Type (CNY Million), 2011–2015 Table 4: Chinese Construction Output by Cost Type (CNY Million), 2015–2020 Table 5: Chinese Construction Output by Activity Type (CNY Million), 2011–2015 Table 6: Chinese Construction Output by Activity Type (CNY Million), 2015–2020 Table 7: Chinese Construction Value Add by Project Type (CNY Million), 2011–2015 Table 8: Chinese Construction Value Add by Project Type (CNY Million), 2015–2020 Table 9: Chinese Commercial Construction Output by Project Type (CNY Million), 2011–2015 Table 10: Chinese Commercial Construction Output by Project Type (CNY Million), 2015–2020 Table 11: Chinese Commercial Construction Output by Cost Type (CNY Million), 2011–2015 Table 12: Chinese Commercial Construction Output by Cost Type (CNY Million), 2015–2020 Table 13: Chinese Commercial Construction Output by Activity Type (CNY Million), 2011–2015 Table 14: Chinese Commercial Construction Output by Activity Type (CNY Million), 2015–2020 Table 15: Chinese Commercial Construction Value Add by Project Type (CNY Million), 2011–2015 Table 16: Chinese Commercial Construction Value Add by Project Type (CNY Million), 2015–2020 Table 17: Chinese Industrial Construction Output by Project Type (CNY Million), 2011–2015 Table 18: Chinese Industrial Construction Output by Project Type (CNY Million), 2015–2020 Table 19: Chinese Industrial Construction Output by Cost Type (CNY Million), 2011–2015 Table 20: Chinese Industrial Construction Output by Cost Type (CNY Million), 2015–2020 Table 21: Chinese Industrial Construction Output by Activity Type (CNY Million), 2011–2015 Table 22: Chinese Industrial Construction Output by Activity Type (CNY Million), 2015–2020 Table 23: Chinese Industrial Construction Value Add by Project Type (CNY Million), 2011–2015 Table 24: Chinese Industrial Construction Value Add by Project Type (CNY Million), 2015–2020 Table 25: Chinese Infrastructure Construction Output by Project Type (CNY Million), 2011–2015 Table 26: Chinese Infrastructure Construction Output by Project Type (CNY Million), 2015–2020 Table 27: Chinese Infrastructure Construction Output by Cost Type (CNY Million), 2011–2015 Table 28: Chinese Infrastructure Construction Output by Cost Type (CNY Million), 2015–2020 Table 29: Chinese Infrastructure Construction Output by Activity Type (CNY Million), 2011–2015 Table 30: Chinese Infrastructure Construction Output by Activity Type (CNY Million), 2015–2020 Table 31: Chinese Infrastructure Construction Value Add by Project Type (CNY Million), 2011–2015 Table 32: Chinese Infrastructure Construction Value Add by Project Type (CNY Million), 2015–2020 Table 33: Chinese Energy and Utilities Construction Output by Project Type (CNY Million), 2011–2015 Table 34: Chinese Energy and Utilities Construction Output by Project Type (CNY Million), 2015–2020 Table 35: Chinese Energy and Utilities Construction Output by Cost Type (CNY Million), 2011–2015 Table 36: Chinese Energy and Utilities Construction Output by Cost Type (CNY Million), 2015–2020 Table 37: Chinese Energy and Utilities Construction Output by Activity Type (CNY Million), 2011–2015 Table 38: Chinese Energy and Utilities Construction Output by Activity Type (CNY Million), 2015–2020 Table 39: Chinese Energy and Utilities Construction Value Add by Project Type (CNY Million), 2011–2015 Table 40: Chinese Energy and Utilities Construction Value Add by Project Type (CNY Million), 2015–2020 Table 41: Chinese Institutional Construction Output by Project Type (CNY Million), 2011–2015 Table 42: Chinese Institutional Construction Output by Project Type (CNY Million), 2015–2020 Table 43: Chinese Institutional Construction Output by Cost Type (CNY Million), 2011–2015 Table 44: Chinese Institutional Construction Output by Cost Type (CNY Million), 2015–2020 Table 45: Chinese Institutional Construction Output by Activity Type (CNY Million), 2011–2015 Table 46: Chinese Institutional Construction Output by Activity Type (CNY Million), 2015–2020 Table 47: Chinese Institutional Construction Value Add by Project Type (CNY Million), 2011–2015 Table 48: Chinese Institutional Construction Value Add by Project Type (CNY Million), 2015–2020 Table 49: Chinese Residential Construction Output by Project Type (CNY Million), 2011–2015 Table 50: Chinese Residential Construction Output by Project Type (CNY Million), 2015–2020 Table 51: Chinese Residential Construction Output by Cost Type (CNY Million), 2011–2015 Table 52: Chinese Residential Construction Output by Cost Type (CNY Million), 2015–2020 Table 53: Chinese Residential Construction Output by Activity Type (CNY Million), 2011–2015 Table 54: Chinese Residential Construction Output by Activity Type (CNY Million), 2015–2020 Table 55: Chinese Residential Construction Value Add by Project Type (CNY Million), 2011–2015 Table 56: Chinese Residential Construction Value Add by Project Type (CNY Million), 2015–2020 Table 57: China State Construction Engineering Corporation Ltd, Key Facts Table 58: China State Construction Engineering Corporation Ltd, Main Services Table 59: China State Construction Engineering Corporation Ltd, History Table 60: China State Construction Engineering Corporation Ltd, Key Employees Table 61: China Railway Construction Corporation Ltd, Key Facts Table 62: China Railway Construction Corporation Ltd, Main Products and Services Table 63: China Railway Construction Corporation Ltd, History Table 64: China Railway Construction Corporation Ltd, Key Employees Table 65: China Railway Group Ltd, Key Facts Table 66: China Railway Group Ltd, Main Services Table 67: China Railway Group Ltd, History Table 68: China Railway Group Ltd, Key Employees Table 69: China Communications Construction Company Ltd, Key Facts Table 70: China Communications Construction Company Ltd, Main Products and Services Table 71: China Communications Construction Company Ltd, History Table 72: China Communications Construction Company Ltd, Key Employees Table 73: Power Construction Corporation of China Ltd, Key Facts Table 74: Power Construction Corporation of China Ltd, Main Services Table 75: Power Construction Corporation of China Ltd, History Table 76: Power Construction Corporation of China Ltd, Key Employees Table 77: Timetric Construction Market Definitions List of Figures Figure 1: Chinese Construction Output (Real US$ 2010, Million), 2011–2020 Figure 2: Growth Matrix for Construction Output in China (US$ Million), 2011–2020 Figure 3: Chinese Construction Output by Project Type (CNY Million), 2011–2020 Figure 4: Chinese Construction Output by Cost Type (CNY Million), 2011–2020 Figure 5: Chinese Construction Output by Activity Type (CNY Million), 2011–2020 Figure 6: Chinese Construction Value Add by Project Type (CNY Million), 2011–2020 Figure 7: Chinese Commercial Construction Output by Project Type (CNY Million), 2011–2020 Figure 8: Chinese Commercial Construction Output by Cost Type (CNY Million), 2011–2020 Figure 9: Chinese Commercial Construction Output by Activity Type (CNY Million), 2011–2020 Figure 10: Chinese Commercial Construction Value Add by Project Type (CNY Million), 2011–2020 Figure 11: Chinese Industrial Construction Output by Project Type (CNY Million), 2011–2020 Figure 12: Chinese Industrial Construction Output by Cost Type (CNY Million), 2011–2020 Figure 13: Chinese Industrial Construction Output by Activity Type (CNY Million), 2011–2020 Figure 14: Chinese Industrial Construction Value Add by Project Type (CNY Million), 2011–2020 Figure 15: Chinese Infrastructure Construction Output by Project Type (CNY Million), 2011–2020 Figure 16: Chinese Infrastructure Construction Output by Cost Type (CNY Million), 2011–2020 Figure 17: Chinese Infrastructure Construction Output by Activity Type (CNY Million), 2011–2020 Figure 18: Chinese Infrastructure Construction Value Add by Project Type (CNY Million), 2011–2020 Figure 19: Chinese Energy and Utilities Construction Output by Project Type (CNY Million), 2011–2020 Figure 20: Chinese Energy and Utilities Construction Output by Cost Type (CNY Million), 2011–2020 Figure 21: Chinese Energy and Utilities Construction Output by Activity Type (CNY Million), 2011–2020 Figure 22: Chinese Energy and Utilities Construction Value Add by Project Type (CNY Million), 2011–2020 Figure 23: Chinese Institutional Construction Output by Project Type (CNY Million), 2011–2020 Figure 24: Chinese Institutional Construction Output by Cost Type (CNY Million), 2011–2020 Figure 25: Chinese Institutional Construction Output by Activity Type (CNY Million), 2011–2020 Figure 26: Chinese Institutional Construction Value Add by Project Type (CNY Million), 2011–2020 Figure 27: Chinese Residential Construction Output by Project Type (CNY Million), 2011–2020 Figure 28: Chinese Residential Construction Output by Cost Type (CNY Million), 2011–2020 Figure 29: Chinese Residential Construction Output by Activity Type (CNY Million), 2011–2020 Figure 30: Chinese Residential Construction Value Add by Project Type (CNY Million), 2011–2020
Speak to the report author to design an exclusive study to serve your research needs.
Your personal and confidential information is safe and secure.
