Outlook on China's Building Materials IndustryChina International Economic Consultants (CIEC)April 15, 2024Development and Prospect of China’s Building Materials Industry in 2001Building materials industry is closely related to the development cycle of the national economy
In recent years, China has implemented a series of policies such as the pro-active fiscal policy and the expansive monetary policy
Accordingly, the national economic growth has rallied
While the world economy generally slid by a wide margin, China still managed to achieve a relatively high GDP growth rate of 7
3% in 2001
Underpinned by the fast national economic growth, the economic operation quality of China’s building materials industry continued to improve steadily in 2001 on the basis of a substantial reboun