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ARTICLE · 13 MARCH 2015

Chinese Government Issues Opinions On Construction Industry Development And Reform

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In the Opinions, MOHURD anticipates the evolution of the national construction market in a "unified, open, competitive and orderly" manner.

ChinaReal Estate and Construction
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On 1 July 2014, the Ministry of Housing and Urban–Rural Development ("MOHURD") of the People's Republic of China ("PRC") released a document entitled "Several Opinions on Promoting Development and Reform in the Construction Industry" (住房城鄉建設部關於推進建築業發展和改革的若干意見 in Chinese) (the "Opinions").

In the Opinions, MOHURD anticipates the evolution of the national construction market in a "unified, open, competitive and orderly" manner. To this end, it proposes several rather significant strategies to consolidate national and regional construction policies, liberalise the domestic market and reform the industry as a whole. The emphasis of the Opinions is to promote the growth and enhancement of the industry by way of guaranteeing the quality and safety of projects, upgrading the level of engineering construction and responding to the most pressing issues in the contemporary PRC construction market.

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