Description
3 of the Biggest Business Opportunities for Commercial Flooring in
China
By CGFF Committee
In the last decade, Chinas emerging flooring market has attracted
many oversea enterprises to enter and promoted the rise of domestic
flooring industry. Insiders believe that during the *3 five-year
plan with the Chinese government accelerating the process of
urbanization, there will be more business opportunities for both
enterprise at home and abroad. If you are also considering
penetrating into Chinese market, here are 3 tips for you.
Parking Lots Flooring
Statistics suggest that by the first quarter of ***6, the car
ownership in China has exceeded **0 million, which makes China the
biggest car consumer in the world. However, the growth rate of
parking lots is far behind that of cars, and according to Institute
of Comprehensive Transportation of National Development and Reform
Commission, in order to solve the problem of parking in China, at
lest another *0 million parking spaces are needed. In addition, the
USAs vehicles per thousand people was **7 in ***4, about 6 times
higher than that of China in ***5, which indicates that Chinas car
ownership still has room to grow and more parking spaces and
parking lots will be needed in the future, resulting in enormous
need for commercial flooring.
Railway Station Flooring
Last July, the Chinese government released its plan for railway
construction from the *3th *-year plan period to ***0. According to
this plan, by ***0 Chinas railway network should reach **0,**0 km
with high-speed railway lines of *0,**0 km covering *0% of Chinas
major cities; by ***0 a railway network of **0,**0 km with
high-speed railway lines of *5,**0 km basically connecting every
provincial capitals and cities with a population of over **0,**0
residents. It has been estimated that during the *3th *-year plan,
the government will invest no less than 2,**0 billion RMB into the
construction of railways and relevant facilities, including many
large-scale railway stations with flooring.
Shopping Center Flooring
Though the number of shopping centers in China is approaching
4,**0, but investors enthusiasm is still intense. Among the *0
cities worldwide from ***4 to ***6 with the biggest area of
shopping centers under construction, *3 of them were located in
China. And according to a professional commercial real estate
website Mall China, by ***5 another ***0 shopping centers will open
for business.
Besides the examples above, business opportunities for commercial
flooring can also be found in many other fields. If you are
wondering where you can find more chances to penetrate into Chinese
market, I will recommend you China Guangzhou International Floor
Fair ***7 (CGFF ***7), where worldwide real estate developers,
investors, contractors, etc will gather under one roof!
