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Global Economic Impact

The slowdown in global economic growth also will undercut growth in demand for new buildings throughout the region. In China, where half the world’s construction activity takes place, signs of a slowdown are becoming increasingly apparent. Vacancy rates for commercial property are rising as large amounts of new supply come on the market.

China ranks second in Asia and third in the world; spending there totaled about $300billion in 2009. The construction industries of India and Australia are each worth less than $100 billion in annual revenues. With China at the forefront, the construction industry in Asia (excluding Japan) is growing faster than that of any other region. China, India, South Korea, and Vietnam will rank at the top worldwide in terms of construction spending growth over the 2012–17 periods, according to Global Insight estimates. Stock Exchange plunged almost 10% in one day, investor interest in shares of construction companies is strong, thanks to the building boom in China and the government’s plan to finance huge infrastructure projects in the coming years. China Communications Construction Group Ltd., the largest harbor construction company in China and the world’s largest maker of container cranes, led the way. The sale was viewed as an unqualified and success, with strong initial demand from investors and sustained price gains since the listing, and is encouraging other companies to go public.

China’s construction industry is huge. It accounts for about 6.6% of the country’s gross domestic product (GDP) and is the fourth-largest industry in the country. As of 2009 (latest available), there were some 38 million people working at about 66,000 architecture, construction, and engineering companies in China, according to the National Bureau of Statistics. All land in China is property of the state, and thus all land-use projects must obtain government approval.

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全球经济的影响

在全球经济增长的放缓也将削弱新建筑的需求增长,整个地区。在中国,在世界上一半的建设活动发生,经济放缓的迹象日益明显。商业物业的空置率是大量的新的供应到市场上上升。

中国在亚洲排名第二和第三的世界;花有约3000亿2009。印度和澳大利亚的建筑行业都少于100000000000美元的年收入。随着中国的前列,在亚洲建筑业(不包括日本)的增长比任何其它地区更快。中国,印度,韩国,越南将排名在世界上最高的建筑开支增长超过2012–17个时期,据估计全球的洞察力。股市下跌几乎10%的一天,投资者在建筑公司的股票的强烈兴趣,得益于中国的建设热潮,政府计划在未来的几年里,巨大的金融基础设施项目。中国交通建设集团有限公司,最大的港口建设公司在中国和世界上最大的集装箱起重机制造商,领导方式。销售被视为一个不合格的和成功的,具有较强的初始投资者的需求和持续的价格上涨自上市,并鼓励其他公司上市。

中国的建筑业是巨大的。它约占该国国内生产总值(GDP)的6.6%,是全国第四大产业。为2009(新的),有38000000人在66000左右的建筑,建筑工人,并在中国的工程公司,根据国家统计局。在中国所有的土地是国家的财产,因此所有的土地利用项目必须获得政府的批准。

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