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The characteristics and current status of China's construction industry

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  • Jean Jinghan Chen

Abstract

The development of China's construction industry is presented by describing its current status and highlighting its achievements, identifying the main constraints preventing the industry from playing a more effective and efficient role in the country's economic development. Fundamental changes occurred in the construction industry after the economic reform, and the industry has been playing a very important role in the national economy, having made impressive progress and been developed at an amazing speed. However, reforms in the construction industry are difficult since this industry is not a single sector. The reform process by its very nature is not systematic. The challenges ahead are serious, and deeper reforms of the economic system are required.

Suggested Citation

  • Jean Jinghan Chen, 1998. "The characteristics and current status of China's construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 16(6), pages 711-719.
    • Handle: RePEc:taf:conmgt:v:16:y:1998:i:6:p:711-719
    DOI: 10.1080/014461998372006
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    References listed on IDEAS

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    1. Harrold, P. & Lall, R., 1993. "China: Reform and Development in 1992-93," World Bank - Discussion Papers 215, World Bank.
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    Cited by:

    1. Sun Sheng Han & George Ofori, 2001. "Construction industry in China's regional economy, 1990-1998," Construction Management and Economics, Taylor & Francis Journals, vol. 19(2), pages 189-205.
    2. Vergara, Judith & Serna, Maribel, 2018. "Factor Analysis to Evaluate the Financial Performance of the Construction Industry in an Emerging Market: The Case of Colombia || Análisis factorial para evaluar el rendimiento financiero de la indust," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 26(1), pages 52-70, Diciembre.
    3. Mohan Raj Manavazhi & Zhang Xunzhi, 2001. "Productivity oriented analysis of design revisions," Construction Management and Economics, Taylor & Francis Journals, vol. 19(4), pages 379-391.
    4. Jingxin Gao & Xilai Tang & Hong Ren & Weiguang Cai, 2019. "Evolution of the Construction Industry in China from the Perspectives of the Driving and Driven Ability," Sustainability, MDPI, vol. 11(6), pages 1-19, March.
    5. Zhou, Kaile & Yang, Shanlin, 2016. "Emission reduction of China׳s steel industry: Progress and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 319-327.

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