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Explore the latest trends and actionable insights on the China Construction market to inform business strategy and pinpoint opportunities and risks

China’s industrial construction sector to recover with 13.4% forecasted growth in 2021

Industry: Architecture & Design
Current: Market Sizing & Shares

The industrial sector in China is expected to register an annual growth rate of 13.4% in real terms in 2021, and recording an annual average growth of 4.8% between 2022-2025, supported by the improvement in industrial, manufacturing and export activities
Additionally, investments in new industrial parks will support the industrial sector’s forecast-period output
Amongst the major projects planned, in June 2020, the Shunde district in the Guangdong province announced plans to build 10 ultra-large modern thematic industrial parks in the Guangdong-Hong Kong-Macao Greater Bay Area. The industrial parks will cover a total area of over 2,000ha, and will involve an investment of CNY4 billion ($579.6 million) by 2023

China’s industrial construction sector to recover with 13.4% forecasted growth in 2021

Explore the latest trends and actionable insights on the China Construction market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the China Construction market to inform business strategy and pinpoint opportunities and risks Visit Report Store