News

Newly Signed Contract Value Rises 16.7% in First Four Months, Real Estate Business Rebounds Rapidly! Timber Industry Professionals Seize Opportunities to Turn the Tide Amid Adversity

2026-03-11 16:21:47
Views：7 time
Back to list

Recently, China State Construction Engineering Corporation (CSCEC) released its Business Operations Brief for January–April 2023. According to the announcement, CSCEC accumulated a newly signed contract value of 1.321 trillion yuan in the first four months of 2023, representing a year-on-year increase of 16.7%.


Specifically, the newly signed contract value for construction business reached 1.1666 trillion yuan, a year-on-year growth of 11.6%, while the contract sales value for real estate business amounted to 154.4 billion yuan, surging 78% year-on-year.
In terms of construction business, the newly signed contract values by segment are as follows:
  • Building Construction: 879.1 billion yuan, up 11.6% year-on-year
  • Infrastructure: 281.6 billion yuan, up 11.4% year-on-year
  • Survey and Design: 5.9 billion yuan, up 33% year-on-year
By region, the newly signed contract values for construction business are as follows:
  • Domestic: 1.1326 trillion yuan, up 12.5% year-on-year
  • Overseas: 34 billion yuan, down 10.4% year-on-year
Key physical volume indicators include:
  • Construction Area of Building Projects: 1.44085 billion square meters, up 10.7% year-on-year
  • Newly Commenced Area: 72.36 million square meters, up 8.1% year-on-year
  • Completed Area: 45.47 million square meters

Statistics show that in the first four months, CSCEC signed 76 major projects, each with a contract value exceeding 2 billion yuan, totaling 258.3 billion yuan. Among these 76 significant projects, 53 are building construction projects with a total contract value of 155.91 billion yuan, and 23 are infrastructure projects with a total contract value of 102.39 billion yuan.

As is widely known, CSCEC manages numerous building construction projects, and construction timber and formwork are fundamental building materials. Although the transmission of upstream demand takes time, it will eventually materialize. Therefore, professionals in the timber industry must actively seize reliable projects to lay the foundation for future success!

Search