Output value of state-owned construction enterprises in China 2011-2021
In 2021, the output value of state-owned construction enterprises in China amounted to around 3.76 trillion yuan. As the number of enterprises increased during 2021, their output increased. Under recent reform measures, the number of companies decreased in an effort to reduce the number of loss-making entities in the past few years. Nonetheless, SOEs still play a significant role in the country's construction industry.