China has become the largest construction market in the world. In 2018, the construction industry value in China grew at 5.1 percent, reaching almost 894 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.
Annual growth rate of market value of the construction industry in China from 2018 to 2021
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Export.gov. (July 30, 2019). Annual growth rate of market value of the construction industry in China from 2018 to 2021 [Graph]. In Statista. Retrieved November 27, 2024, from https://www.statista.com/statistics/1068207/china-construction-industry-value-change/
Export.gov. "Annual growth rate of market value of the construction industry in China from 2018 to 2021 ." Chart. July 30, 2019. Statista. Accessed November 27, 2024. https://www.statista.com/statistics/1068207/china-construction-industry-value-change/
Export.gov. (2019). Annual growth rate of market value of the construction industry in China from 2018 to 2021 . Statista. Statista Inc.. Accessed: November 27, 2024. https://www.statista.com/statistics/1068207/china-construction-industry-value-change/
Export.gov. "Annual Growth Rate of Market Value of The Construction Industry in China from 2018 to 2021 ." Statista, Statista Inc., 30 Jul 2019, https://www.statista.com/statistics/1068207/china-construction-industry-value-change/
Export.gov, Annual growth rate of market value of the construction industry in China from 2018 to 2021 Statista, https://www.statista.com/statistics/1068207/china-construction-industry-value-change/ (last visited November 27, 2024)
Annual growth rate of market value of the construction industry in China from 2018 to 2021 [Graph], Export.gov, July 30, 2019. [Online]. Available: https://www.statista.com/statistics/1068207/china-construction-industry-value-change/