Residential buildings accounted for the largest share of completed construction in China in 2019. Over 67 percent of completed floorspace belonged to buildings designated for housing. As the economy develops, the country experiences a migration from rural areas to larger cities which creates a demand for residential housing in these areas. In addition to that, apartments used as investment assets drive up demand as well.
Share of floorspace of completed construction projects in China in 2019, by end use
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Huaon.com. (July 29, 2020). Share of floorspace of completed construction projects in China in 2019, by end use [Graph]. In Statista. Retrieved August 17, 2022, from https://www.statista.com/statistics/1225836/china-share-of-completed-construction-projects-by-type/
Huaon.com. "Share of floorspace of completed construction projects in China in 2019, by end use." Chart. July 29, 2020. Statista. Accessed August 17, 2022. https://www.statista.com/statistics/1225836/china-share-of-completed-construction-projects-by-type/
Huaon.com. (2020). Share of floorspace of completed construction projects in China in 2019, by end use. Statista. Statista Inc.. Accessed: August 17, 2022. https://www.statista.com/statistics/1225836/china-share-of-completed-construction-projects-by-type/
Huaon.com. "Share of Floorspace of Completed Construction Projects in China in 2019, by End Use." Statista, Statista Inc., 29 Jul 2020, https://www.statista.com/statistics/1225836/china-share-of-completed-construction-projects-by-type/
Huaon.com, Share of floorspace of completed construction projects in China in 2019, by end use Statista, https://www.statista.com/statistics/1225836/china-share-of-completed-construction-projects-by-type/ (last visited August 17, 2022)
