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Architectural Market Prospect in China
1 The Domestic architectural market demands high starting point, high requirement, and high creativity since reform and open policy for 30 years which needs to introduce lots of advanced architectural design, layout, philosophy and style from foreign countries.
2The area of architectural market is increasing by 26.7% since reform and opening up and the total output value of architectural industry in 2007 achieves 2,890,000,000,000 Yuan, including 13,840,000,000 dollars for foreign contractors. With the historical process of china’s entering the comprehensive construction of a well-off society and building a more and more perfect economic system, the domestic architectural market will take on an optimistic developing prospect .
3 In following 30 years, the scale of capital asserts as infrastructure, technological transformation, and real estate etc. will reach a higher level. The domestic architectural market is going to face an important opportunity of development. The urbanization becomes faster and faster, Western Development, the development strategy of western areas’ further urbanization, the development strategy about further urbanizing central areas , transformation of old industrial bases in northeast, the innovation of investment financial system and utility management system to provide broader space for the development of architectural market.
4 The statistics from our company show that the number of external architectural company is only 3.4% in architectural market of china. Along with the increase of projects in domestic architectural market, the need of architectural design is increasing, which provides good opportunity for foreign designers and creates broad space for external companies and personnel.
5 Now there are 260,000,000 people living in city, the number will increase to 600,000,000 in recent 20 years which results in the increase of domestic architectural market. |
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