Construction in China - Key Trends and Opportunities to 2021

Published: Nov, 2017 | Pages: 103 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)

Summary
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. Timetric 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).

Synopsis

Timetric's 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

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

• 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
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 Co. Ltd
8.1 China Communications Construction Co. Ltd - Company Overview
8.2 China Communications Construction Co. Ltd - Business Description
8.3 China Communications Construction Co Ltd - Main Products and Services
8.4 China Communications Construction Co Ltd - History
8.5 China Communications Construction Co Ltd - Company Information
8.5.1 China Communications Construction Co Ltd - key competitors
8.5.2 China Communications Construction Co Ltd - key employees
9 Company Profile: China Metallurgical Group Corporation
9.1 China Metallurgical Group Corporation - Company Overview
9.2 China Metallurgical Group Corporation - Business Description
9.3 China Metallurgical Group Corporation - Main Products and Services
9.4 China Metallurgical Group Corporation - History
9.5 China Metallurgical Group Corporation - Company Information
9.5.1 China Metallurgical Group Corporation - key competitors
9.5.2 China Metallurgical Group Corporation - 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), 2012-2016
Table 2: Chinese Construction Output by Project Type (CNY Million), 2016-2021
Table 3: Chinese Construction Output by Cost Type (CNY Million), 2012-2016
Table 4: Chinese Construction Output by Cost Type (CNY Million), 2016-2021
Table 5: Chinese Construction Output by Activity Type (CNY Million), 2012-2016
Table 6: Chinese Construction Output by Activity Type (CNY Million), 2016-2021
Table 7: Chinese Construction Value Add by Project Type (CNY Million), 2012-2016
Table 8: Chinese Construction Value Add by Project Type (CNY Million), 2016-2021
Table 9: Chinese Commercial Construction Output by Project Type (CNY Million), 2012-2016
Table 10: Chinese Commercial Construction Output by Project Type (CNY Million), 2016-2021
Table 11: Chinese Commercial Construction Output by Cost Type (CNY Million), 2012-2016
Table 12: Chinese Commercial Construction Output by Cost Type (CNY Million), 2016-2021
Table 13: Chinese Commercial Construction Output by Activity Type (CNY Million), 2012-2016
Table 14: Chinese Commercial Construction Output by Activity Type (CNY Million), 2016-2021
Table 15: Chinese Commercial Construction Value Add by Project Type (CNY Million), 2012-2016
Table 16: Chinese Commercial Construction Value Add by Project Type (CNY Million), 2016-2021
Table 17: Chinese Industrial Construction Output by Project Type (CNY Million), 2012-2016
Table 18: Chinese Industrial Construction Output by Project Type (CNY Million), 2016-2021
Table 19: Chinese Industrial Construction Output by Cost Type (CNY Million), 2012-2016
Table 20: Chinese Industrial Construction Output by Cost Type (CNY Million), 2016-2021
Table 21: Chinese Industrial Construction Output by Activity Type (CNY Million), 2012-2016
Table 22: Chinese Industrial Construction Output by Activity Type (CNY Million), 2016-2021
Table 23: Chinese Industrial Construction Value Add by Project Type (CNY Million), 2012-2016
Table 24: Chinese Industrial Construction Value Add by Project Type (CNY Million), 2016-2021
Table 25: Chinese Infrastructure Construction Output by Project Type (CNY Million), 2012-2016
Table 26: Chinese Infrastructure Construction Output by Project Type (CNY Million), 2016-2021
Table 27: Chinese Infrastructure Construction Output by Cost Type (CNY Million), 2012-2016
Table 28: Chinese Infrastructure Construction Output by Cost Type (CNY Million), 2016-2021
Table 29: Chinese Infrastructure Construction Output by Activity Type (CNY Million), 2012-2016
Table 30: Chinese Infrastructure Construction Output by Activity Type (CNY Million), 2016-2021
Table 31: Chinese Infrastructure Construction Value Add by Project Type (CNY Million), 2012-2016
Table 32: Chinese Infrastructure Construction Value Add by Project Type (CNY Million), 2016-2021
Table 33: Chinese Energy and Utilities Construction Output by Project Type (CNY Million), 2012-2016
Table 34: Chinese Energy and Utilities Construction Output by Project Type (CNY Million), 2016-2021
Table 35: Chinese Energy and Utilities Construction Output by Cost Type (CNY Million), 2012-2016
Table 36: Chinese Energy and Utilities Construction Output by Cost Type (CNY Million), 2016-2021
Table 37: Chinese Energy and Utilities Construction Output by Activity Type (CNY Million), 2012-2016
Table 38: Chinese Energy and Utilities Construction Output by Activity Type (CNY Million), 2016-2021
Table 39: Chinese Energy and Utilities Construction Value Add by Project Type (CNY Million), 2012-2016
Table 40: Chinese Energy and Utilities Construction Value Add by Project Type (CNY Million), 2016-2021
Table 41: Chinese Institutional Construction Output by Project Type (CNY Million), 2012-2016
Table 42: Chinese Institutional Construction Output by Project Type (CNY Million), 2016-2021
Table 43: Chinese Institutional Construction Output by Cost Type (CNY Million), 2012-2016
Table 44: Chinese Institutional Construction Output by Cost Type (CNY Million), 2016-2021
Table 45: Chinese Institutional Construction Output by Activity Type (CNY Million), 2012-2016
Table 46: Chinese Institutional Construction Output by Activity Type (CNY Million), 2016-2021
Table 47: Chinese Institutional Construction Value Add by Project Type (CNY Million), 2012-2016
Table 48: Chinese Institutional Construction Value Add by Project Type (CNY Million), 2016-2021
Table 49: Chinese Residential Construction Output by Project Type (CNY Million), 2012-2016
Table 50: Chinese Residential Construction Output by Project Type (CNY Million), 2016-2021
Table 51: Chinese Residential Construction Output by Cost Type (CNY Million), 2012-2016
Table 52: Chinese Residential Construction Output by Cost Type (CNY Million), 2016-2021
Table 53: Chinese Residential Construction Output by Activity Type (CNY Million), 2012-2016
Table 54: Chinese Residential Construction Output by Activity Type (CNY Million), 2016-2021
Table 55: Chinese Residential Construction Value Add by Project Type (CNY Million), 2012-2016
Table 56: Chinese Residential Construction Value Add by Project Type (CNY Million), 2016-2021
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 Co Ltd, Key Facts
Table 70: China Communications Construction Co Ltd, Main Products and Services
Table 71: China Communications Construction Co Ltd, History
Table 72: China Communications Construction Co Ltd, Key Employees
Table 73: China Metallurgical Group Corporation, Key Facts
Table 74: China Metallurgical Group Corporation, Main Products and Services
Table 75: China Metallurgical Group Corporation, History
Table 76: China Metallurgical Group Corporation, Key Employees
Table 77: Timetric Construction Market Definitions