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China is the largest building construction market in the world, with up to 2 billion square meters constructed annually, which will account for nearly half of new construction globally in the coming decade. In 2011, buildings accounted for just 28 percent of China's energy consumption, but urbanization, economic growth and rising population could increase this number by as much as 40 percent over the next 15 years. The adoption of green building technologies and solutions is a key enabler to support China's sustainability and environmental protection goals.
China is taking increasingly tough measures to curb air pollution. Would that have a negative effect on the company's performance?
China has worked to improve the investment environment along the Belt and Road. By 2016, China had investment agreements with 53 countries and agreements to avoid double taxation with 54 countries.
China has vowed to further reduce the number of sectors in which foreign investment is restricted from 63 to 48, especially in the service sector, infrastructure, railway passenger transportation, international shipping, grain purchases and wholesale businesses.
China is the largest market for electric cars and plug-in hybrids, with over 900,000 sold in the first 10 months of the year. It has also become an important source for electric car-related technology such as batteries.