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Commodity housing, sold to private parties, has been predicted to dip in 2012. Property prices are already falling so less local government land is now being sold to property developers, meaning a slowdown in new buildings. This will reduce new housing construction, which has accounted for more than seven per cent of GDP in the […]
It is reported that some priorities have already been made clear. According to China’s cement sector development, the fast-track capacity expansion is now being surpassed by the need for enhanced cement quality and efficiency. The government has initiated a restructuring plan, replacing outdated capacity with modern production facilities and encouraging top cement producers to carry […]
