The future development trend of the construction industry

Future Development Trends of the Construction Industry

I, the construction industry industry in the national economy is still a solid position

By the impact of the economic crisis, China's economy, after the economic downturn in 2009, began to rebound steadily, which drove the further development of China's construction industry. 2010 China's construction industry's value-added was 2,645.1 billion yuan, which contributed 6.64% to China's 2010 The annual contribution rate to China's GNP was 6.64%. In the sub-industry statistics of urban fixed asset investment in 2010, urban fixed asset investment in the construction industry amounted to 233.2 billion yuan, with a growth rate of 48.6%, which is the fastest growth rate of all industries. In terms of employment, as of December 2010, the average number of employees in the construction industry had reached 46,242,700, creating huge employment opportunities for our country and playing an important role in helping our country to get out of the economic crisis as soon as possible. From the above data and facts, it can be seen that the construction industry in China's national economy remains a solid position.

Second, the construction industry's output value profit margin growth rate is stable

Since 2001 China's construction industry output value profit margin growth rate is relatively stable, in 2010, the construction industry output value profit margin has reached 3.6%, relative to the same period in previous years has improved, which shows that China's construction industry operating efficiency has improved to a certain extent. With the improvement of the technical level of the construction industry and the improvement of the operation and management, the level of labor productivity of the whole industry of the construction industry has also had a greater improvement.

Three, industry risk factors still exist

2011 the world's economies are gradually recovering and development, but the future trend of economic development is uncertain, risk factors still exist. Construction budgeters observe the various enterprises in the industry, found that the risks faced by the construction industry mainly include the following aspects: the risk of economic fluctuations at home and abroad; the risk of supply and demand is still prominent risk; policy restrictions on the risk; the risk of increased production costs of enterprises; legal risk; the world supply of raw materials, there is uncertainty and other risks.

Four, the industry's development of the macroeconomic environment has continued to improve

According to the building materials industry survey and analysis: 2010 annual GDP of 397,983,000,000 yuan, an increase of 10.3% over the previous year. Among them, the primary industry added value of 40497 billion yuan, an increase of 4.3%; the secondary industry added value of 18648.1 billion yuan, an increase of 12.2%; tertiary industry added value of 1,710.5 billion yuan, an increase of 9.5%. The added value of the primary industry accounted for 10.2% of the GDP, while the added value of the secondary industry accounted for 46.8% and the added value of the tertiary industry accounted for 43.0%.

Currently, China's economy maintains rapid development, and the investment in fixed assets of the whole society will still maintain stable growth in the long term future, and China's construction industry is in the process of rapid development. The promotion of urbanization construction will bring a large number of urban housing construction, urban infrastructure construction, urban commercial facilities construction needs, while a large number of industrial and energy base construction, transportation facilities construction and other markets will also maintain a strong demand. According to the national "Twelfth Five-Year Plan" and various planning for the construction industry, the main areas of investment in fixed assets related to China's construction industry include:

(1) Urbanization Urbanization is the road to modernization in China, but also to maintain the sustained and healthy development of the economy is a powerful engine. Urbanization construction will last for a long time and will bring a huge construction market. Driven by the construction of urbanization, real estate, construction and other industries will continue to maintain the growth trend. China's urbanization rate was 53.73% in 2013, up 1.13 percentage points from the previous year.

(2) Housing construction market For the whole year of 2013, China's investment in real estate development was 8,601.3 billion yuan, an increase of 19.8% over the previous year. Among them, residential investment was 5,895.1 billion yuan, an increase of 19.4%; investment in office buildings was 465.2 billion yuan, an increase of 38.2%; and investment in commercial and business premises was 1,194.5 billion yuan, an increase of 28.3%. For the whole year, the construction of 6.66 million sets (households) of housing under urban guaranteed housing projects was newly begun, and 5.44 million sets of housing under urban guaranteed housing projects were basically completed.The completion of major indicators of real estate development and sales and their growth rates in 2013 Source: National Bureau of Statistics According to the "Outline of China's Twelfth Five-Year Plan for National Economic and Social Development" ("Twelfth Five-Year Plan"), the real estate development and sales in China are expected to reach a record high in 2013. According to the Outline of the Twelfth Five-Year Plan for National Economic and Social Development of China (hereinafter referred to as the "Twelfth Five-Year Plan"), China will invest in the construction of 36 million units of guaranteed housing during the Twelfth Five-Year Plan period, with an average annual construction volume of 7.2 million units. Of these, in 2011, construction began on 10.43 million units and 4.32 million units were basically completed; in 2012, construction began on 7.81 million units and 6.01 million units were basically completed; and in 2013, construction began on 6.66 million units and 5.44 million units were basically completed nationwide. (Note: the actual data published by the Ministry of Housing and Construction for January-November 2013) It is expected that before 2015, China's guaranteed housing will be about 11 million sets of new construction, under construction totaling about 20 million sets, China's guaranteed housing market will remain a large scale of construction. According to the Opinions of the State Council on Accelerating the Renovation of Shantytowns (Guo Fa [2013] No. 25), China will renovate 10 million shantytowns of various types in 2013-2017, including urban shantytowns and the renovation of shantytowns in state-owned mines and industries. The transformation of shantytowns will also bring about a large demand for housing construction. To summarize, China's housing construction market still maintains a relatively fast growth trend.

(3) Industrial and energy construction market With the rapid development of the economy, China's industrial and energy capacity structure, capacity scale requirements have gradually increased. The "Twelfth Five-Year Plan" proposed that China will promote changes in energy production and utilization, adjust and optimize the energy structure, promote diversified and clean development of energy, optimize the layout of energy development, and strengthen the construction of energy transmission channels. Comprehensive energy base construction, energy saving and emission reduction projects, natural gas facilities construction and other projects, is China's industrial and energy market in the future development of key areas. According to the 12th Five-Year Plan for Energy Development, by the end of 2015, China's domestic primary energy production capacity will reach 3.66 billion tons of standard coal, an increase of 23.23% over 2010. China will accelerate the construction of five national comprehensive energy bases in Shanxi, Ordos Basin, the eastern part of Inner Mongolia, Southwest China and Xinjiang, and the primary energy production capacity of the five bases will reach 2.66 billion tons of standard coal by 2015, accounting for more than 70% of the country. According to the "energy saving and emission reduction" Twelfth Five-Year Plan, "Twelfth Five-Year" period of China's energy-saving project investment needs of 982 billion yuan, emission reduction key project investment needs of 816 billion yuan, the circular economy key project investment needs of 568 billion yuan, the construction of energy-saving projects will bring a huge amount of money, the construction of energy-saving projects will bring a huge amount of money. Energy saving and emission reduction construction projects will bring huge construction demand. According to the "Twelfth Five-Year Plan for Natural Gas Development", by 2015, China's domestic natural gas supply capacity will reach about 176 billion cubic meters. "During the 12th Five-Year Plan period, China will build 44,000 kilometers of new natural gas pipelines (including branch lines), with a new trunk pipeline capacity of about 150 billion cubic meters per year; the working capacity of new storage tanks will be about 22 billion cubic meters, and a total investment of 81.1 billion yuan will be invested in the construction of 24 key tanks across the country. In summary, China's fast-growing industrial and energy construction market will bring huge construction demand to the construction industry.

(4) Transportation Infrastructure Construction Market According to the "Twelfth Five-Year Plan" for Comprehensive Transportation System, the "Twelfth Five-Year Plan" period is a critical period for the improvement of China's transportation infrastructure network, and it is an important period for the construction of a comprehensive transportation system. It is an important period for building a comprehensive transportation system. "During the 12th Five-Year Plan period, China will add 492,000 kilometers of highways, 29,000 kilometers of railroads, 55 airports for civil transportation and 1,600 kilometers of urban rail transit. According to the National Highway Network Plan (2013-2030), the total scale of China's national highway network in the Twelfth Five-Year Plan will reach 401,000 kilometers, which consists of two levels of road networks: ordinary national highways and national expressways. The total scale of ordinary national highway network is about 265,000 km,*** about 100,000 km of existing highways need to be upgraded and 0.8 million km need to be newly built. The national highway network totals about 118,000 km, of which 22,000 km are under construction and 25,000 km are to be built. According to the "Twelfth Five-Year Plan for Railways", the operating mileage of China's railroads will increase from 91,000 kilometers at the end of 2010 to 120,000 kilometers at the end of 2015, with the operating mileage of express railroads increasing from 20,000 kilometers at the end of 2010 to more than 40,000 kilometers at the end of 2015. In 2005, China's railroad operating mileage of 75,400 kilometers, capital investment of 88.018 billion yuan, in 2013, the railroad operating mileage and capital investment grew to 103,000 kilometers, 532.770 billion yuan, compared with 2005, respectively, 37.33%, 505.30%.

According to the 2012-2013 China Urban Rail Transit Development Report, in 2012, 35 cities in China*** were building rail transit lines, completing a total investment of about 260 billion yuan. By the end of 2013, there were 87 urban rail lines completed and put into operation in 19 cities in China, with a total operating mileage of 2,539 km; compared with 2012, there were 2 new operating cities, 16 operating lines and 395 km operating mileage. At this stage, the near-term construction plans of rail transit in 37 cities in China have been approved by relevant state departments, and it is expected that by the end of 2015, the operating mileage of urban rail transit in China will reach 3,000 km. In summary, China's transportation infrastructure market in the coming period of time will still have a large construction scale, highway, airport, railroad, rail transit construction will still maintain rapid growth