China Construction Trends and Opportunities Report 2020-2024: Market is Still Expected to Grow in 2020 Despite the Severe Disruptions Caused by COVID-19


Source: benzinga.com benzinga.com

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The "Construction in China - Key Trends and Opportunities to 2024" report has been added to ResearchAndMarkets.com's offering. China's construction industry to grow by 1.9% in 2020, and record an average annual growth of 4.7% between 2021-2024. The industry's growth over the forecast period is expected to be driven by investments on new infrastructure projects, which includes investments in the areas of 5G networks, Artificial Intelligence, Internet of Things and data centers. According to the government-backed think tank, the China Electronic Information Industry Development (CCID), the country is expected to spend CNY10 trillion (US$1.4 trillion) on new infrastructure projects between...