Households drive market demand, with household spending representing 52.4% of total demand in 2021. China Vanke Co Ltd is the largest company in China, generating 3.4% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 14.0% of total production value in 2021. The total number of companies increases in 2021, to 2,072,221 units. The costs of the industry increase by 13.8% in 2021, largely driven by rising labour costs. The industry’s profitability decreases and stands at 37.7% of turnover in 2021, the 18th highest regionally. With turnover of USD1.2 trillion, China accounts for 46.6% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Real Estate Activities in China: ISIC 70. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Real Estate Activities in China: ISIC 70 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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