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Chen, J J (1997) The impact of Chinese economic reforms upon the construction industry. Building Research & Information, 25(04), 239–45.
- Type: Journal Article
- Keywords: China; construction investment; economic development
- ISBN/ISSN: 0961-3218
- URL: http://taylorandfrancis.metapress.com/link.asp?id=140754bg65rjeenv
Study of the rapid demands in different sectors indicates growth cannot be sustained by China's existing companies. Development of the private sector in China and increased reliance on international tendering is being promoted. The increase in economic activity in China has generated and will continue to generate a heavy demand upon the construction sector. The author studies the impact of the economic reforms upon the construction industry and the consequences of fulfilling an overheating demand. The new types of construction companies and ventures in China are identified and analysed. Both local and international private sector construction companies are needed to tackle the burgeoning demand