China has become the largest construction market in the world. In 2020, the construction industry value in China amounted to 1,049 billion U.S. dollars. As the government has planned to focus on improving the infrastructure in small and medium-sized cities, the construction industry was forecasted to maintain a continuous growth at around five percent annually.
Market value of the construction industry in China from 2018 to 2020 with a forecast for 2021
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Market value in billion U.S. dollars
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International Trade Administration. (February 3, 2021). Market value of the construction industry in China from 2018 to 2020 with a forecast for 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1068161/china-construction-industry-value/
International Trade Administration. "Market value of the construction industry in China from 2018 to 2020 with a forecast for 2021 (in billion U.S. dollars)." Chart. February 3, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1068161/china-construction-industry-value/
International Trade Administration. (2021). Market value of the construction industry in China from 2018 to 2020 with a forecast for 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1068161/china-construction-industry-value/
International Trade Administration. "Market Value of The Construction Industry in China from 2018 to 2020 with a Forecast for 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Feb 2021, https://www.statista.com/statistics/1068161/china-construction-industry-value/
International Trade Administration, Market value of the construction industry in China from 2018 to 2020 with a forecast for 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1068161/china-construction-industry-value/ (last visited July 22, 2024)
Market value of the construction industry in China from 2018 to 2020 with a forecast for 2021 (in billion U.S. dollars) [Graph], International Trade Administration, February 3, 2021. [Online]. Available: https://www.statista.com/statistics/1068161/china-construction-industry-value/