+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Government Spending in China

  • PDF Icon

    Report

  • 37 Pages
  • April 2025
  • Region: China
  • MarketLine
  • ID: 6109223
Description Jump to:
Government Spending in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
  • The Chinese government spending market recorded expenditure of $3.99 trillion in 2024, representing a compound annual growth rate (CAGR) of 2.9% between 2019 and 2024.
  • The education segment accounted for the market's largest proportion in 2024, with a total expenditure of $632.5 billion, equivalent to 15.8% of the market's overall expenditure.
  • In 2024, the Chinese government spending market experienced an annual growth of 3.2%, attributed to the rise in aging population, which placed growing demands on the healthcare and elderly care systems. According to the United States Census Bureau, China's population aged over 65 years grew by 1.8% in 2024 compared to the previous year, prompting the government to accelerate initiatives under the 'Silver Economy' development plan.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in China
  • Leading company profiles reveal details of key government spending market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China government spending market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the China government spending market by value in 2024?
  • What will be the size of the China government spending market in 2029?
  • What factors are affecting the strength of competition in the China government spending market?
  • How has the market performed over the last five years?
  • Who are the top competitors in China's government spending market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the most recent notable developments?
8 Company Profiles
8.1. Aviation Industry Corp of China Ltd
8.2. China National Petroleum Corporation No.6 Construction Co Ltd
8.3. China State Construction Engineering Corp Ltd
8.4. China South Industries Group Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: China government spending sector value: $ billion, 2019-24
Table 2: China government spending sector category segmentation: % share, by value, 2019-24
Table 3: China government spending sector category segmentation: $ billion, 2019-24
Table 4: China government spending sector geography segmentation: $ billion, 2024
Table 5: China government spending sector value forecast: $ billion, 2024-29
Table 6: Aviation Industry Corp of China Ltd: Key Facts
Table 7: Aviation Industry Corp of China Ltd: Key Employees
Table 8: China National Petroleum Corporation No.6 Construction Co Ltd: Key Facts
Table 9: China State Construction Engineering Corp Ltd: Key Facts
Table 10: China State Construction Engineering Corp Ltd: Annual Financial Ratios
Table 11: China State Construction Engineering Corp Ltd: Key Employees
Table 12: China South Industries Group Corp: Key Facts
Table 13: China South Industries Group Corp: Key Employees
Table 14: China Size of Population (Million), 2020-24
Table 15: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 16: China GDP (Current Prices, $ Billion), 2020-24
Table 17: China Inflation, 2020-24
Table 18: China Consumer Price Index (Absolute), 2020-24
Table 19: China Exchange Rate, 2019-24
List of Figures
Figure 1: China government spending sector value: $ billion, 2019-24
Figure 2: China government spending sector category segmentation: $ billion, 2019-24
Figure 3: China government spending sector geography segmentation: % share, by value, 2024
Figure 4: China government spending sector value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the government spending sector in China, 2024
Figure 6: Drivers of buyer power in the government spending sector in China, 2024
Figure 7: Drivers of supplier power in the government spending sector in China, 2024
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in China, 2024
Figure 9: Factors influencing the threat of substitutes in the government spending sector in China, 2024
Figure 10: Drivers of degree of rivalry in the government spending sector in China, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aviation Industry Corp of China Ltd
  • China National Petroleum Corporation No.6 Construction Co Ltd
  • China State Construction Engineering Corp Ltd
  • China South Industries Group Corp

Related Topics

Related Reports

Government Spending BRIC (Brazil, Russia, India, China) Industry Guide 2020-2029 - Product Image

Government Spending BRIC (Brazil, Russia, India, China) Industry Guide 2020-2029

  • Report
  • 340 Pages
  • Brazil, China, India, ... Brazil, China, India, Russia
From
Government Spending Top 5 Emerging Markets Industry Guide 2020-2029 - Product Image

Government Spending Top 5 Emerging Markets Industry Guide 2020-2029

  • Report
  • 356 Pages
  • Global
From
Government Spending North America (NAFTA) Industry Guide 2020-2029 - Product Image

Government Spending North America (NAFTA) Industry Guide 2020-2029

  • Report
  • 329 Pages
  • North America
From
China Government Spending Market Summary, Competitive Analysis and Forecast to 2028 - Product Image

China Government Spending Market Summary, Competitive Analysis and Forecast to 2028

  • Report
  • 39 Pages
  • China
From
Government Spending Global Group of Eight (G8) Industry Guide 2020-2029 - Product Image

Government Spending Global Group of Eight (G8) Industry Guide 2020-2029

  • Report
  • 416 Pages
  • Global
From
Copyright © 2002-2025 Research and Markets. All Rights Reserved.