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Gross production value of construction in China: Rise in 2017

Compared to the prior year construction production increased slightly by 4.35 percent, new statistics from China National Statistical Office reveal. It's the highest number ever noted since 1986 as the variable climbed barely from 193 566.78 hundred million Yuan Renminbi to 201 994.01 hundred million Yuan Renminbi, as it follows the tendency of the previous year when it grew by 7.09%. The overall changes for the prior 32 years hit a rise of 24 897.09%. Besides, it has attained the average annual growth rate of 0.05% over the 5 years with a marginal overall raise since the 1986. It averaged 52 786.96 hundred million Yuan Renminbi from 1986 to 2017 and it reached its minimum of 808.07 hundred million Yuan Renminbi in 1986.

Gross production value of construction in China: Rise in 2017
Date Hundred Million Yuan Renminbi Variation
2017 201 994.01 4.35
2016 193 566.78 7.09
2015 180 757.47 2.29
2014 176 713.42 10.19
2013 160 366.06 16.87
2012 137 217.86 17.82
2011 116 463.32 21.28
2010 96 031.13 25.03
2009 76 807.74 23.81
2008 62 036.81 21.54

Related Statistics

Construction Output in other Countries

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export