China Construction Market is Expected to Reach USD 4.11 Trillion by 2030

Government-backed initiatives aimed at bolstering infrastructure developments are driving the China construction market growth during the forecast period

The China Construction Market size was valued at USD 2.99 trillion in 2024, and is predicted to reach USD 3.22 trillion by 2025, The industry is predicted to reach USD 4.11 trillion by the end of 2030, at a CAGR of 5.0% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

China’s construction market is experiencing rapid expansion, underpinned by large-scale, government-driven infrastructure projects aimed at enhancing transport connectivity, fostering sustainability, and strengthening disaster resilience. In 2024, the Ministry of Transport allocated USD 173 billion toward transport infrastructure, encompassing 2,500 km of high-speed rail and 461,000 km of highways. Landmark developments include the USD 7.8 billion Shenzhen-Zhongshan Link a 24-km bridge-tunnel inaugurated in 2024 and the USD 4.2 billion Chongqing-Kunming High-Speed Rail project, set to advance in 2025. 

On the sustainability front, significant strides have been made with a 47.6% rise in electric vehicle charging infrastructure by March 2025, totaling 3.43 million charging piles, and the replacement of 20,000 diesel locomotives with electric alternatives in 2024, led by the National Energy Administration. These transformative initiatives, supported by USD 208 billion in special-purpose bonds in 2024, demonstrate China’s strategic push toward infrastructure modernization and its broader goal of carbon neutrality.

However, the navigating regulatory requirements continues to pose a challenge in the China construction market. Projects are subject to a multilayered approval process involving permits from local, regional, and national authorities. These requirements include compliance with zoning laws, environmental impact assessments, building codes, and safety regulations. The process is prolonged by bureaucratic inefficiencies and inconsistent regulatory practices across jurisdictions. These challenges extend project timelines, raise costs, and introduce uncertainty for investors, particularly in response to sudden regulatory or policy changes.

On the other hand, the construction industry in China is undergoing a significant transformation through the integration of digital technologies and Building Information Modeling. BIM enables project teams to digitally plan, design, and manage infrastructure, which enhances precision, reduces errors, and improves coordination.It plays a central role in boosting operational efficiency, minimizing project delays, and optimizing resource allocation. 

The release of Allplan 2024 by ALLPLAN in April 2024 marks a notable advancement in digital project delivery, strengthening BIM capabilities and supporting cloud-based workflows. The convergence of BIM with technologies such as artificial intelligence, the Internet of Things, and cloud computing further enables real-time data sharing, predictive maintenance, and more effective facility management, reinforcing the digital evolution of the construction sector in China.

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Several market players operating in the China construction industry include China State Construction Engineering Corp. Ltd. (CSCEC), China Railway Group Ltd. (CREC), China Railway Construction Corp. Ltd. (CRCC), China Communications Construction Group Ltd. (CCCC), Power Construction Corp. of China, China Energy Engineering Corporation (CEEC), Shanghai Construction Group (SCG), Sichuan Road and Bridge (Group) Co. Ltd., Hebei Construction Group Co. Ltd., Sinoma International Engineering Co. Ltd., and others.

Key Insights from the China Construction Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the China construction market trends is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The report provides the China construction market share of key players, along with a detailed competitive analysis.