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12
Dec
2009
Boom Market: Construction E-mail
City Life - Real Estate
Written by ND
In the last couple of years the Xi'an region has actually grown at an average of 15% per year. The growth in Xi'an is therewith once again 50% to 100% higher than in the rest of Mainland China. You think that China's economic growth of 8% is impressive?

Well, according to the governor of Shaanxi province YUAN CHUNQING an economic growth of 13,5% is being expected this year.

The regional government expects that the average living space per city inhabitant will be more than doubled by 2020. Therefore, over the next decade approx. 427 million square meters of housing space must be constructed.

We do not know how to title this whole development other than "Hot Trendmarket". The frontline of Chinas economic growth offers especially to national and international building companies enormous advantages and chances.

The building and construction industry will continue to be a booming market. Even so many of chinas cities are sufficiently provided with housing space, the migration of millions from the rural areas into the cities is going on more than ever before. And they need a lot of new and better houses...
Our valuable Editor ND has been with us since Monday, 15 June 2009.

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