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Housing Market In China

Housing was allocated directly by the government until the mid-1990s, when homeownership was first introduced. The five largest construction companies in China are 100% state owned. In 2009, they generated $21.8 billion in overseas revenue, according to the China International Contractors Association, a trade group.

Chinese contractors already do substantial business abroad, ranking sixth worldwide in terms of international business, according to the China International Contractors Association. The trade group estimates that total overseas contracting revenue will reach $50 billion by 2014, up from $21.8 billion in 2009.

 

Chinese construction companies are also gaining ground in Africa. As part of its strategy to gain access to overseas oil deposits, China has been offering aid packages to countries such as Nigeria and Sudan as inducements to award exploration territory to Chinese oil companies. These projects often are carried out by Chinese contractors.

In 2009, Chinese construction companies were awarded $6.3 billion in contracts in Africa. A consortium made up of Citic Group and China Railway Construction won a $7 billion contract to build a highway in Algeria in May 2010.

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中国的房地产市场

住房是由政府直接分配,直到上世纪90年代中期,当住房首次介绍。五大建筑公司在中国有100%个国有。2009,他们产生了21800000000美元的海外收入,根据中国国际承包商协会,一个贸易集团。

中国承包商已经做了大量的海外业务,全球排名第六的国际业务方面,根据中国国际承包商协会。贸易组织估计,总承包收入将达到2014 50000000000美元,从2009的21800000000美元。

中国建筑公司也在非洲获得地面。作为其获取海外石油战略的一部分,中国已经提供的援助尼日利亚和苏丹等诱因授予勘探的领土,中国的石油公司国家。这些项目往往是由中国承包商进行。

2009,中国建筑公司获得了6300000000美元的合同,在非洲。一个财团由中信集团和中国铁路建设赢得了7000000000美元的合同,建立公路在阿尔及利亚5月2010。

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