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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...
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China’s construction sector has seen tremendous growth over the past years and continues to show great potential despite the current market hardships brought by the COVID-19 global pandemic. The construction industry is of crucial ...
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Investment in China’s real estate sector accelerated in the third quarter of 2018. The value of investment reached RMB 3,131bn, which represented a growth of 10.3% compared to that in the same quarter of the previous year. Investment in the ...
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Construction has always been a favoured tool of the Chinese authorities for stimulating the economy and its development closely reflects that of GDP. The slowdown of China’s economy has resulted in more balanced growth of the sector during the ...
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In Q2 2018, the continuity of financial deleveraging and trade frictions with the US moderated China’s GDP growth to 6.7% y/y from 6.8% y/y in the previous quarter. Due to robust transactions in central and western China, sales of commodity ...
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Investment in China’s real estate sector accelerated in the first quarter of 2017. The value of investment reached RMB 2,129bn, which represented a growth of 10.4% compared to that in the previous quarter. Investment in the residential ...
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The real estate sector is a major factor for China’s economy growth, accounting for 6.5% of the country’s GDP and 22.1% of the overall fixed asset investment as of 2017. The residential building subsector is the largest in the ...
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In the first nine months of 2017, the real investments and the building sales have been driven by the continuous rebound of the Chinese economy. While the growth in building sales since the beginning of 2017 slowed down to 14.6% y/y from 43.2% y/y in ...
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Construction has always been a favoured tool of the Chinese authorities to stimulate the economy - its development closely reflects that of GDP. After the Global Financial Crisis of 2008, a government stimulus package of RMB 4tn was used for ...
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As a result of the policies introduced in 2016, China’s real estate sector has bottomed out, reviving its growth and continuing to offer opportunities to the investors – mainly, as before, in the first-tier cities of Shanghai, Shenzhen, ...
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