The Chinese construction industry is expected to decline by 1.5% in real terms in 2026, owing to a fall in the value of contracts signed by construction enterprises, rising inflation, and a decline in residential building starts. According to the National Bureau of Statistics of China (NBS), the value of new contracts signed by construction enterprises fell by 11.1% year-on-year (YoY) in Q1 2026, following an annual decline of 6.6% in 2025. Moreover, the total floor space of residential buildings on which construction started declined by 21.8% YoY in January-March 2026.
However, over the remainder of the forecast period, the Chinese construction industry is expected to rebound and register average annual growth of 3.6% from 2027 to 2030, supported by investments in transport and renewable energy projects. The government’s target is to install 3,600GW of wind and solar power by 2035, up from approximately 600GW in 2020, with plans to add a minimum of 120GW of wind energy annually by 2030; this will support growth over the forecast period.
However, over the remainder of the forecast period, the Chinese construction industry is expected to rebound and register average annual growth of 3.6% from 2027 to 2030, supported by investments in transport and renewable energy projects. The government’s target is to install 3,600GW of wind and solar power by 2035, up from approximately 600GW in 2020, with plans to add a minimum of 120GW of wind energy annually by 2030; this will support growth over the forecast period.
The Construction China- Key Trends and Opportunities to 2030 (Q2 2026) report provides detailed market analysis, information, and insights into the Chinese construction industry, including:
- The Chinese construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Chinese construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in China. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in China, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
