China’s construction output to rise by 15 percent in 2011-2015

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Publish time: 21st August, 2011      Source: ChinaCCM
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China's gross national construction output is expected to increase by 15 percent during the country's 12th five-year plan period (2011-15), according to a statement from China's Ministry of Housing and Urban-Rural Development of China on August 18.

Meanwhile, during the given period consumption of C60 concrete in China will increase by 10 percent, while domestic consumption of HRB 400 will rise by 45 percent.

Some analysts predict that China's domestic structural steel output will reach 50-65 million mt by 2015