B2B drives market demand, with B2B spending representing 54.2% of total demand in 2023. China Railway Construction Corp Ltd is the largest company in China, generating 5.0% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 17.5% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 1.9% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.6% of turnover in 2023, the 19th highest regionally. With turnover of USD4.8 trillion, China accounts for 66.7% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Construction in China: ISIC 45. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Construction in China: ISIC 45 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of construction and real estate activities.
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