How long can the "Chinese steel structure" go?
Release time:
2019-08-13 00:00
"Made in China" is facing an unprecedented impact. What is the reason? How long can the "Chinese steel structure", which belongs to the category of Chinese manufacturing and construction, go?
First look at the cost composition of "Chinese steel structure", it is not difficult to find the answer to the question. In manufacturing costs, labor costs account for the majority, and now the low-cost advantage of Chinese workers, which has been relied on for a long time, is being lost. In the past two years, from mid -2010 to 2013, the average hourly wage of manufacturing workers in Europe and the United States has been declining year by year, while the production efficiency is higher than that of Chinese workers. According to a report released by the Boston Consulting Group of the United States, due to the rise in wages of Chinese workers and the increase in productivity lagging behind wage growth, by about 2015, for most products for North America, production in low-cost states in the United States will become as economical as production in China. Taking into account other factors such as increasingly expensive Chinese energy costs, transportation and supply chain risks, and tariff costs, "Chinese steel structures" can only maintain a comparative advantage for about three years.
However, driven by the real estate boom, China's construction industry has surpassed the United States to become the world's number one construction country, and the leading range is bound to increase. A new report published recently predicts that by 2020, China will account for 1/5 of the global construction industry, up from the current 14%. "This is a real turning point in the history of the construction industry". The former powers have been pushed aside, and it will be many years before China is likely to lose its position as the largest spender in the construction industry. In addition to residential, commercial and infrastructure projects, the growth is mainly driven by the government's new projects in railways, roads and power infrastructure. Global construction spending is expected to reach $97.7 trillion billion over the next decade, with China accounting for the largest share. The "Twelfth Five-Year Plan" period is a period of higher-level, higher-level and larger-scale development for the domestic construction industry. From the perspective of the world economic situation, it is a post-crisis period. Accurately grasp the development and changes of the construction market and find New economic growth points are urgent tasks for the development of the industry for a long period of time.
There is not much time left for China. Accelerating the implementation of the strategy of "manufacturing power" and "science and technology power", and then realizing the overall transformation of China's manufacturing industry, including the steel structure industry, is already on the line.
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