China Real Estate

China is now speeding up the pace of city-building.

China starts a new cycle " energizing" while getting involved in the construction of 3eme generation nuclear plants. For it, she/it puts in competition the world leaders of the sector, the French Areva and the group nippo-American Westinghouse, of which it wants to get ardently and to master the technologies.

Under front of world ecological crisis, the countries speed up for research and the development of alternative energies. China could become in the next years one of the world leaders of the solar energy. However, in a first time, the country must acquire the technology and the know-how of the western businesses again.

Through accurate date and full elaboration, it describes the structure of China's gas industry and competition situation in the industry from various angles. Meanwhile, it presents assessment of major enterprises's business strategy and competitiveness.

In terms of nuclear power generation, China will advance from the moderate development strategy to accelerating development strategy. Nuclear power will play an even more important role in China's future power development. Especially in the developed coastal areas with heavy power load, nuclear power will become the backbone of the power structure there.

In 2005, China totally generated 2474.7 billion kWh with a year-on-year growth rate of 12.8%, which is lower than 14.8% in 2003 and 13.6% in 2004 yet still increase by quite a large margin. In the aspect of power consumption, the year 2005 still saw fast growth but somewhat slowed down. The whole society of China consumed 2468.9 billion kWh of electric power in 2005 with a year-on-year increase of 13.5%, declining 1.4% compared to growth rate in 2004.

According to the " Eleventh Five-Year" Plan, the reconstruction of old water supply network which is over 50 years in service and the rebuilding of severely damaged water supply network in old city zones should be completed by the end of 2007. By 2010 the city water supply coverage should be no less than 95%. Waste treatment rate should be no less than 70% in designated cities and areas and the recycled water utilization rate in water stortage cities should reach 20%.

The year of 2005 is quite important for China water affair to step towards marketlization. Chinese government takes water price reformation as one of the three major price reformation projects. As waste treatment fee came into collection and the water resource fee was improved in 2004 then in 2005 the water price in main cities rose a lot, which beyond people's expectation. In around 2005, the increase rate of water price in major cities of China, especially in Beijing and Shenzhen etc., the waste treatment fee increased by over 50%.

The national Development and Reform Commission released the suggestions on strictly restraining from the unordered construction of power station projects in Nov 2004. The issue of this suggestion and macro control policies has caused some influences, especially on the situation of electricity short and even leading to an over-plus situation.