China Construction Market by Type (Renovation, and New Construction), by Sector (Real Estate and Others), by Construction Method (Traditional Construction, Prefabricated/Modular Construction, 3D Printed Construction, Green/Sustainable Construction), and by Type of Contractor (Large Contractor, Medium Contractor and Small Contractor) – Country Industry Trends and Forecast, 2025–2030
Industry: Construction & Manufacturing | Publish Date: 21-Jun-2025 | No of Pages: 153 | No. of Tables: 117 | No. of Figures: 62 | Format: PDF | Report Code : CM2215
China Construction Industry Overview
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.
China construction market is expanding rapidly, supported by strategic government initiatives aimed at modernizing infrastructure, promoting sustainability, and enhancing resilience. Massive investments in transportation, energy, and digital infrastructure—both domestically and through international collaborations—are driving momentum, while digital tools like BIM and cloud-based platforms are transforming project management and efficiency.
However, the industry continues to face regulatory hurdles, with complex permitting processes and inconsistent regulations across jurisdictions causing project delays and investor uncertainty. Despite these challenges, the integration of advanced technologies and sustained public funding highlight the sector’s ongoing shift toward smarter, greener, and more resilient development.
Strategic Government Initiatives Drives the China Construction Market Demand
Strong growth is witnessed in China construction market, driven by government-led infrastructure initiatives focused on expanding transportation networks, promoting sustainability, and boosting disaster resilience. In 2024, the Ministry of Transport allocated USD 173 billion for transport infrastructure, including 2,500 km of high-speed rail and 461,000 km of highways. Key projects include the USD 7.8 billion Shenzhen-Zhongshan Link, a 24-km bridge-tunnel opened in 2024, and the USD 4.2 billion Chongqing-Kunming High-Speed Rail, advancing in 2025.
Sustainability efforts include a 47.6% increase in EV charging infrastructure by March 2025, with 3.43 million charging piles, and replacing 20,000 diesel locomotives with electric models in 2024, supported by the National Energy Administration. These initiatives, backed by USD 208 billion in special-purpose bonds in 2024, reflect China’s commitment to modernizing infrastructure and achieving carbon neutrality.
Surging Investments Propels the China Construction Market Growth
The construction industry in China is experiencing robust growth in 2025, driven by major government-backed investments across transportation, energy, and digital infrastructure. In 2024, China invested USD 92.4 billion in Belt and Road Initiative (BRI) projects across 149 countries, with USD 11.8 billion in green energy projects like solar and wind farms in Saudi Arabia and Uzbekistan, according to the Green Finance & Development Center.
Domestically, the government issued USD 144 billion in ultra-long special treasury bonds in 2024 to fund 182 major projects, each valued over USD 138 million, as reported by Global Times.
The energy sector saw USD 15 billion for renewable projects, including 12 GW of offshore wind capacity added in 2024, while digital infrastructure expanded with 54.81 million km of fiber-optic cables by 2023. These efforts, supported by a stable 0.97% inflation rate in 2024, reinforce China’s infrastructure modernization and economic resilience.
Regulatory Hurdles Slow Down the China Construction Market Expansion
Navigating regulatory requirements remains a major challenge in the market. Infrastructure projects are delayed by the need to secure multiple permits and approvals from local, regional, and national authorities. These include compliance with zoning laws, environmental impact assessments, building codes, and safety regulations.
The permit approval process is time-consuming, with bureaucratic delays and inconsistent regulations across jurisdictions adding further complications. These challenges not only extend project timelines and increase costs but also create uncertainty for investors, especially when there are sudden changes in policy or regulatory frameworks.
Digital Tools and BIM Create New Opportunities in the Market
The China construction market is undergoing a major shift with the growing use of digital technologies and Building Information Modeling (BIM). BIM allows project teams to digitally plan, design, and manage infrastructure, improving accuracy, reducing errors, and enhancing team collaboration. It has become an important tool for increasing efficiency, cutting project delays, and making better use of resources.
A recent example is the launch of Allplan 2024 by ALLPLAN in April 2024, which boosts BIM features and supports cloud-based workflows highlighting the industry's move toward digital project delivery. Combining BIM with technologies like artificial intelligence (AI), the Internet of Things (IoT), and cloud computing also helps with real-time data sharing, predictive maintenance, and smarter facility management.
Competitive Landscape
The key 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.
China Construction Market Key Segments
By Type
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Renovation
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New Construction
By Sector
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Real Estate
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Residential
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Affordable
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Luxury
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Commercial
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Retail Buildings
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Office Buildings
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Hospitality
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Healthcare Facilities
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Educational Institutes
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Entertainment Ventures
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- Infrastructure
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Transportation
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Airport
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Port
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Rail
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Road
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Water and Wastewater
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Energy
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Telecommunication
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- Industrial
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Manufacturing Plant
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Warehouses
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Power Plants
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Oil Refineries
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Chemical Plants
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By Construction Method
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Traditional Construction
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Prefabricated/Modular Construction
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3D Printed Construction
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Green/Sustainable Construction
By Type of Contractor
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Large Contractor
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Medium Contractor
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Small Contractor
Key Players
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China State Construction Engineering Corp. Ltd. (CSCEC)
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China Railway Group Ltd. (CREC)
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China Railway Construction Corp. Ltd. (CRCC)
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China Communications Construction Group Ltd. (CCCC)
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Power Construction Corp. of China
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China Energy Engineering Corporation (CEEC)
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Shanghai Construction Group (SCG)
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Sichuan Road and Bridge (Group) Co. Ltd.
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Hebei Construction Group Co. Ltd.
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Sinoma International Engineering Co. Ltd.
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China Evergrande Group
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Vanke
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Central China Real Estate Limited
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Savills China
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China Poly Group Corporation
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2024 |
USD 2.99 Trillion |
|
Revenue Forecast in 2030 |
USD 4.11 Trillion |
|
Growth Rate |
CAGR of 5.0% from 2025 to 2030 |
|
Analysis Period |
2024–2030 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025–2030 |
|
Market Size Estimation |
Trillion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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