Construction and real estate sectors have become an important pillar industry of China’s national economy
The reporter learned from China’s Ministry of Construction: since the reform and opening up for 30 years, China’s construction and real estate industry pulling effect on the national economy growing national economy has become an important pillar industry.
Statistics show that from 1980 to 2007, construction output value develops from 28.693 billion yuan to 5.0019 trillion yuan. The number of construction industry employment increased from 8.54 million people to 30.85 million people. The added value of construction industry has stabilized at about 5.5% of GDP for many years.
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