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Floor space of buildings completed of enterprises for real estate development in China: Drop in 2017

Building starts fell slightly by 4.71 percent in 2017, revised figures from China National Statistical Office pinpoint. The indicator barely diminished by 4 996.15 ten thousand square meter, in comparison with the prior year when it rose by 6.09%. China saw an increase of 302.84% in building starts over the past 18 years. As well as the building starts is now bigger than its average which equals 70 551.94 ten thousand square meter and the variable shows a negligible overall growth since the 2000. It hit its all-time high of 107 459.05 ten thousand square meter in 2014 and record low of 25 104.86 ten thousand square meter in 2000.

Floor space of buildings completed of enterprises for real estate development in China: Drop in 2017
Date Ten Thousand Square Meter Variation
2017 101 131.56 -4.71
2016 106 127.71 6.09
2015 100 039.10 -6.9
2014 107 459.05 5.94
2013 101 434.99 2.02
2012 99 424.96 7.35
2011 92 619.94 17.62
2010 78 743.90 8.35
2009 72 677.40 9.22
2008 66 544.80 9.8

Related Statistics

Construction Starts 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