News & Insights

China Subsidy Exchange

February 27, 2017

China Promotes the Development of the Construction Industry


To promote the sustainable development of the construction industry, the General Office of the State Council of China issued the Opinions of the General Office of the State Council on Promoting the Sustainable and Healthy Development of the Construction Industry on February 24, 2017. The Opinions call for simplifying administrative procedures, strengthening quality and safety management, establishing a unified and open market, encouraging modernization and technological improvement, and promoting active participation and exploration in the world market. To effectuate the goals, the Opinions call on the government to sign bilateral memorandum of understanding on construction projects with most neighboring countries and regions, and increase financial support to promote construction companies to go abroad.

Related Posts
Related Posts
Date