Report Description
Geographical Scope:This report only studies Chinese mainland, excluding Hong Kong, Macao and Taiwan, and the country is divided into six regions, as follows:
Product Range:The main discussion is on construction engineering glass.
Type of Building:This report covers all categories of buildings, and the RCC classifies the 11 subdivisions into four major industries: residential, commercial, public and industrial, and the specific details are as follows:
External ** Customs Code Classification:
Scale calculation ideas:
Table of Contents
Part I
Economic environment
gdp：In 2022, the national economy withstood the pressure and continued to develop, with a GDP of 1210 trillion yuan, breaking through the 100 trillion mark for three consecutive years. In the first three quarters of 2023, the national economy withstood the downward pressure brought about by the intertwining of risks and challenges from abroad and multiple domestic factors, and generally continued to recover, with gross domestic product (GDP) increasing by 5% year-on-year in the first three quarters2%
Amount of currency:In 2022, the growth rate of M2 will be 12%, a six-year high, and in the first 11 months of 2023, the growth rate of M2 will decline, with a year-on-year increase of 10%, and the total amount of credit will exceed the same period last year; The width of the M2M1 scissors difference was large throughout the year, and the overall consumption and corporate investment decisions were still cautious.
Production ** Index:In 2022, the scissors difference between the purchase and the factory ** index will rise, the cost of enterprises will face certain pressure, the enterprise effect will decline, and there will be a significant gap from the level at the end of 21, and the PPI will decline in 2323 due to the general increase in production of enterprises, but the demand is limited.
Investment in fixed assets:In the first three quarters of 2023, the growth rate of fixed asset investment decreased year-on-year, while infrastructure investment and industrial investment increased year-on-year.
Real Estate:In 2022, the area of real estate construction will be 90500 million square meters, down 72%, down 6. in the first half of 2023 compared to the same period last year6%, the market repair is less than expected; The area of new real estate starts has been in a state of negative growth since 2020, and in 2022, the area of new starts has decreased significantly, with a decline of 40%; The weak recovery continued in the first three quarters of 2023, with the area of new real estate starts falling by 23 year-on-year9%；In 2022, the area of real estate completions will decline by more than 20% year-on-year, and under the guidance of the "guaranteed delivery" policy, the first three quarters of 2023 will be completed positively, with an area of 4900 million square meters, a year-on-year increase of 191%
Sales of TOP real estate enterprises:Real estate sales in 2022 fell by 24 percent year-on-year3%；From January to November 2023, the financing policy support of the real estate industry was obvious, but due to the lack of market confidence, the sales market performance was flat, and the sales of real estate companies declined again.
Policy environment
Real Estate Regulation:Before the fourth quarter of 2023, many places will begin to optimize the property market regulation and control policies, implement measures such as recognising houses without recognising loans, reducing down payments, adjusting mortgage interest rates, canceling purchase restrictions, and reducing taxes and fees, so that the demand for housing purchases will be released; The construction of public infrastructure such as telecommunications, water conservancy, and digital cities has been further promoted.
Affordable Housing:During the "14th Five-Year Plan" period, the country plans to build 6.7 million affordable housing units, 940,000 units have been raised in 2021, and will continue to be developed on a large scale and at a fast pace until 2025; From the perspective of distribution scale, the construction of affordable housing is concentrated in cities with large net population inflows, such as first-tier, new first-tier, and second-tier; In 2023, the policy environment for affordable housing will be relatively relaxed, and the investment and support for affordable housing will be increased, the construction of affordable housing will be promoted, and the level of affordable housing for low-income families will be improved.
Centralized land supply:Since 2021, there have been four rounds of centralized land supply, and the overall situation has been "high first, then low and then stable". Since 2022, many cities, including Beijing, Shanghai, Shenzhen, Hangzhou, and Nanjing, have adjusted the centralized land supply system by increasing the number of centralized land supply; Entering 2023, Suzhou, Zhengzhou and other places have also announced the details of the first batch of land plots, which better balance the relationship between market supply and demand, and at the same time promote the healthy development of the real estate market.
Renovation of old communities:At the end of the "14th Five-Year Plan" period, all localities were required to basically complete the task of renovating old urban communities built before the end of 2000; On July 19, 2023, the Ministry of Housing and Urban-Rural Development and other departments issued the "Notice on Solidly Promoting the Renovation of Old Urban Communities in 2023", and China will continue to promote the transformation of old urban communities, and the community service system will be further improved.
Glass industryIn 2023, the management of the daily-use glass industry will be further strengthened, the standardized production, operation and investment behavior will be further promoted, and the policy will mainly focus on energy-saving, emission reduction, and cleaner production, and guide the green transformation of the daily-use glass industry, so as to promote the high-quality development of the daily-use glass industry.
Social environment
PopulationIn recent years, the aging process of the population has accelerated, the proportion of the population over 65 years old has increased year by year, while the proportion of the population aged 0-14 has decreased year by year, and it is expected that by 2050, the aging trend will increase; From 2019 to 2021, the net population increase of 31 provinces in the country has been polarized, with Guangdong, Zhejiang, Jiangsu and other provinces maintaining high growth rates, while nearly half of the provinces have experienced negative growth in the past three years.
UrbanizationIn recent years, China's urbanization rate has risen steadily, with 31 provinces and cities reaching the middle and advanced stages, and by the end of 2022, China's urban permanent population has reached 920.71 million, with an urbanization rate of 6522%, China's economy continues to develop, and there is still a lot of room for improvement in the future; At present, the urbanization rate of first-tier and new first-tier cities is above 70%, and the urbanization rate of some second-tier cities needs to be improved.
Social environment
General Code for Energy Efficiency in BuildingsThe new regulations in 2023 focus on the need to carry out high-end, intelligent and green transformation and upgrading of existing production lines, and encourage the development of lightweight glass bottles and jars, high-end glassware and special varieties of glass products production projects
Part II
Part III
Part IV
Part V
Part VI
Part VII