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Regarding the current market demand for sand and gravel aggregates, increased investment in infrastructure construction such as buildings, roads, bridges, and water conservancy and hydropower has led to increased demand for sand, gravel, and equipment;
Regarding the current market demand for sand and gravel aggregates, increased investment in infrastructure construction such as buildings, roads, bridges, and water conservancy and hydropower has led to increased demand for sand, gravel, and equipment; conversely, reduced investment in infrastructure construction has led to decreased demand for sand, gravel, and equipment.
The report focuses on China's housing and infrastructure construction. In 2023, China's urbanization rate of permanent residents reached 66.2%, and the urbanization rate of registered residents reached 47%. Developed countries generally have urbanization rates of 75%-80%. Based on a population of over 1.4 billion, reaching an urbanization rate of 80% would mean an additional 190 million urban residents. The construction of affordable housing, dual-use public infrastructure, and urban village renovation projects are the three major pillars of real estate investment in 2024.
The report introduces the main local construction goals for 2024 and key housing projects in each province. During the 14th Five-Year Plan period, 10 million units of affordable rental housing will be built in 40 key cities nationwide.
During the 14th Five-Year Plan period, 270 million old residential communities built before 2000 will be renovated nationwide. According to relevant organizations, the urban village renovation projects in megacities and super-large cities are expected to drive approximately 10 trillion yuan in investment over the next five years, boosting investment in about 1 billion square meters of buildings.
The Civil Aviation Administration of China (CAAC) has released its 14th Five-Year Plan for Civil Aviation Development, which includes the continuation of construction on 34 airports, the commencement of construction on 39 new airports, and preliminary work on 67 airports.
Amidst a sluggish housing market, the "Three Major Projects" (referring to major infrastructure projects in China, including housing, roads, bridges, and water conservancy and hydropower) will become important markets for sand and gravel demand.
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Regarding the current market demand for sand and gravel aggregates, increased investment in infrastructure construction such as buildings, roads, bridges, and water conservancy and hydropower has led to increased demand for sand, gravel, and equipment;
Regarding the current market demand for sand and gravel aggregates, increased investment in infrastructure construction such as buildings, roads, bridges, and water conservancy and hydropower has led to increased demand for sand, gravel, and equipment; conversely, reduced investment in infrastructure construction has led to decreased demand for sand, gravel, and equipment.
The report focuses on China's housing and infrastructure construction. In 2023, China's urbanization rate of permanent residents reached 66.2%, and the urbanization rate of registered residents reached 47%. Developed countries generally have urbanization rates of 75%-80%. Based on a population of over 1.4 billion, reaching an urbanization rate of 80% would mean an additional 190 million urban residents. The construction of affordable housing, dual-use public infrastructure, and urban village renovation projects are the three major pillars of real estate investment in 2024.
The report introduces the main local construction goals for 2024 and key housing projects in each province. During the 14th Five-Year Plan period, 10 million units of affordable rental housing will be built in 40 key cities nationwide.
During the 14th Five-Year Plan period, 270 million old residential communities built before 2000 will be renovated nationwide. According to relevant organizations, the urban village renovation projects in megacities and super-large cities are expected to drive approximately 10 trillion yuan in investment over the next five years, boosting investment in about 1 billion square meters of buildings.
The Civil Aviation Administration of China (CAAC) has released its 14th Five-Year Plan for Civil Aviation Development, which includes the continuation of construction on 34 airports, the commencement of construction on 39 new airports, and preliminary work on 67 airports.
Amidst a sluggish housing market, the "Three Major Projects" (referring to major infrastructure projects in China, including housing, roads, bridges, and water conservancy and hydropower) will become important markets for sand and gravel demand.
Previous: SMP Crusher
Next: SMP Crusher
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