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1994•DR-NTU (Nanyang Technological University)Requires access

Construction industry in China.

Chin Hin. Chong

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Abstract

China's construction industry is huge. As in 1988, it employs more than 25 million people. It has an annual output of about 286.1 billion yuan (or US$64 billion in the same year) and accounts for 9.8% of GDP. It has been growing at an average rate of 18% since 1979. The high growth rate indicates extreme shortage of physical infrastructure in the country and is likely to continue for many years.

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What this paper is about

China's construction industry is huge. As in 1988, it employs more than 25 million people. It has an annual output of about 286.1 billion yuan (or US$64 billion in the same year) and accounts for 9.8% of GDP. It has been growing at an average rate of 18% since 1979. The high growth rate indicates extreme shortage of physical infrastructure in the country and is likely to continue for many years.

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Available abstract

China's construction industry is huge. As in 1988, it employs more than 25 million people. It has an annual output of about 286.1 billion yuan (or US$64 billion in the same year) and accounts for 9.8% of GDP. It has been growing at an average rate of 18% since 1979. The high growth rate indicates extreme shortage of physical infrastructure in the country and is likely to continue for many years.

Key concepts: China, Engineering, Business, Construction engineering, Geography, Archaeology

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