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China's infrastructure and construction market is the largest in the world, valued at over USD 4.6 trillion in 2022. The market is expected to grow at a CAGR of over 4% during 2024-2027. This growth is being driven by a number of factors, including urbanization, government investment, and rising disposable incomes.
The Chinese government is the world's largest procurer of infrastructure and construction products and services. In 2021, the total value of government procurement contracts was over USD 1.34 trillion. The government is committed to using procurement to drive economic growth and improve the lives of its citizens.
The Chinese government procures a wide range of infrastructure and construction products and services, including:
Transportation infrastructure: roads, railways, airports, and ports
Energy infrastructure: power plants, transmission lines, and renewable energy projects
Water infrastructure: water treatment plants, dams, and irrigation systems
Public buildings: schools, hospitals, and government offices
Housing: affordable housing, commercial housing, and urban renewal projects
The top authorities for China infrastructure and construction procurement are:
Ministry of Housing and Urban-Rural Development (MOHURD)
National Development and Reform Commission (NDRC)
Ministry of Transport (MOT)
Ministry of Water Resources (MWWR)
State Grid Corporation of China
The top winners of China infrastructure and construction procurement are:
China State Construction Engineering Corporation (CSCEC)
China Railway Engineering Corporation (CREC)
China Communications Construction Company (CCCC)
China Power Construction Corporation (CPC)
China Metallurgical Corporation (MCC)
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