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Assignment Benny
Assignment Benny
Rail system
Road system
Housing &construction
The most important objective of the Chinese government is to
increase national GDP and is launching building developments
across China to promote economic development.
2011 estimates by property analysts state that there are some 89
million empty properties and apartments in China and that housing
development in China is massively oversupplied and overvalued,
and is a bubble waiting to burst with serious consequences in the
future.
The Chinese government announced in March 2011 the objective
of building 36 million units of housing by 2015.] In September
2011 alone, work commenced on 1.2 million units across China; a
70% increase in the construction of sociala housing compared with
2010.
BISWorld publishes the largest collection of industry reports so
you can see an industry’s supply chain, economic drivers and key
buyers and market
Over the five years through 2015, revenue for the Building
Construction industry has been growing at an average annualized
rate of 16.2% to $1.98 trillion. There are about 29,000 construction
firms in this industry, up from 25,000 in 2010.
Energy in China[6]
Capita Prim. energy Production Import Electricity CO2-emission
million TWh TWh TWh TWh Mt
2004 1,296 18,717 17,873 1,051 2,055 4,732
2007 1,320 22,746 21,097 1,939 3,073 6,028
2008 1,326 24,614 23,182 2,148 3,252 6,508
2009 1,331 26,250 24,248 3,197 3,503 6,832
2010 1,338 28,111 25,690 3,905 3,938 7,270
Change 2004-10 3.3% 50% 44% 272% 92% 54%
Foreign investment