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Article: CHINA'S BUILDING MATERIALS MARKET TO ACHIEVE GROWTH: REPORT.
- Article from:
- AsiaPulse News
- Article date:
- March 28, 2002
CopyrightCOPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, March 28 Asia Pulse - China`s building materials industry is forecast to achieve a growth 3-4 percentage points higher than that of the national economy in the coming decade or beyond, according to a report issued by the China Research Society of Building Materials Industrial Economy.
The report forecasts that the industry will generate more than 1,000 billion yuan in output value by 2010 to become an important powerhouse of national economic growth. The bright prospects are extremely attractive to the world`s building materials businesses.
B&Q, famous British building materials dealer, was the first to open chain stores in Shanghai, east China, ...