According to "General Principles of Civil Building Design" (GB 50352-2005): Civil Building, the general term for buildings for people to live in and conduct public activities, according to the use of functions can be divided into two categories of residential buildings and public buildings.
Status of industry development: In 2017, the added value of the whole society construction industry was 5.5689 billion yuan
Driven by the sustained and rapid growth of the domestic economy, the growth rate of investment in fixed assets in the entire society exceeds 20% on average. The rapid growth of domestic macroeconomic and fixed asset investment has laid a solid foundation for the long-term growth of the civil construction industry. According to the "Analysis Report on the Development Prospects and Investment Strategic Planning of China's Civil Construction Industry from 2018 to 2023" issued by the Industry Research Institute of Forward Looking, the value added by the whole society in the whole year of 2017 was 550.89 billion yuan, an increase of 4.3% over the previous year.
Market segments: rising residential investment, declining office investment
In 2017, the investment in real estate development was 1097.9 billion yuan, an increase of 7.0% over the previous year. Of which, the residential investment was 7,514.8 billion yuan, an increase of 9.4%; the office building investment was 676.1 billion yuan, an increase of 3.5%; the commercial business housing investment was 1,564 billion yuan, a decrease of 1.2%. Throughout the year, the country’s urban shanty towns started housing renovations of 6.09 million units, and shanty towns have basically completed 6.04 million sets of renovations, and public rental housing has basically completed 820,000 units. Throughout the year, rural areas across the country have established 1.525 million imperilled houses for distressed households.
Civil Building Development Trend 1: Prefabricated building proportion is expected to reach 30%
The "Opinions of the General Office of the State Council on Accelerating the Sustainable and Sound Development of the Construction Industry" put forward: adhere to the standardization design, factory production, assembly construction, integrated decoration, information management, and intelligent application, promote innovation in construction methods, and vigorously develop assembled concrete. And steel construction, advocating the development of modern wooden structures in places where conditions permit, and continuously increasing the proportion of prefabricated buildings in new buildings; strive to use 30% of the time for building-type buildings to account for the proportion of newly-built buildings within 10 years. In the construction of new buildings and existing buildings in the transformation of the popularization of intelligent applications, improve the intelligent system operation and maintenance mechanisms to achieve building comfort and safety, energy efficiency.
Forward-looking Industry Research Institute's “In-depth Analysis of the Market Forecast and Investment Plan for China's Prefabricated Building Industry from 2018 to 2023” predicted that according to the "13th Five-Year Plan for Assembled Building Action", the proportion of newly-built construction in 2020 With a requirement of 15% or more, it is expected that the fabricated building area will exceed 800 million square meters in 2020, and will be measured at 2,500 yuan per square meter, and the market size will exceed 200 billion yuan.
In addition, according to the general requirements of the policy, the prefabricated buildings will account for 30% of the newly-built construction area in the next 10 years. The areas with new real estate demand are also areas where the prefabricated buildings are more propulsive. It is predicted that the newly-increased housing area will increase annually. 3%, with a 10-year cycle, based on the average price of existing prefabricated buildings, the market size in 2025 will reach 4,000 billion yuan.
Civil Building Development Trend II: The Informatization Level of the Construction Industry Promotes Big Space
The "Opinions of the General Office of the State Council on Accelerating the Continuing and Healthy Development of the Construction Industry" put forward: Accelerate the research and development, manufacturing, promotion and application of advanced construction equipment and intelligent equipment, improve the performance and efficiency of various types of construction equipment, and increase the degree of mechanized construction. Restrict and eliminate backward and dangerous process engineering methods to ensure the safety of production and construction. Actively support scientific research work in the construction industry and substantially increase the contribution rate of technological innovation to industrial development. Accelerate the integration of building information model (BIM) technology in the planning, surveying, design, construction and operation and maintenance of the entire process, and achieve data sharing and information management throughout the life cycle of project construction projects, providing the basis for project plan optimization and scientific decision-making. Promote the construction industry to improve quality and efficiency.
China's construction industry has a large volume but a low level of information, and there is room for improvement. The construction industry is a pillar industry of China's economy. In recent years, it has maintained a good momentum of growth. The proportion of domestic GDP has been maintained at more than 6%. In 2016, the total output value of China's construction industry reached 19.36 trillion, of which the added value of the construction industry reached 4.95. Trillion, surpassing the United States to rank first in the world. However, in contrast, the informationization rate of the construction industry in China is only about 0.03%, which is about 10 times higher than the average level of the international construction industry's informatization rate of 0.3%. Based on the current large-scale measurement of China's construction industry, an increase of 0.1% percentage points in informationization rate will bring about an incremental market of nearly 20 billion yuan, and there will be huge room for improvement in the future.
