How long can Chinas steel structure engineering go?

Made in China is under attack. Why? How long can China's steel structure engineering, which belongs to the category of Chinese manufacturing and construction, go?

Let's look at the cost composition of China's steel structure engineering, you can find the answer to the question. In manufacturing costs, labor costs account for a large, large part. In each of the past two years, from mid-2010 to 2013, the average wage of manufacturing workers in Europe and the United States fell each year, but they were more productive than their Chinese counterparts. According to a report released by the Boston Consulting Group, as Chinese workers' wages rise and productivity lags behind wages, by around 2015, production in the United States will become the same as in China for most North American products. Considering China's energy costs, transportation and supply chain risks, tariff costs and other factors, China's steel structure projects can only last about three years.

A new report published recently predicts. The top players have been pushed aside. Only years will pass before China loses its big spenders in construction. In addition to residential, commercial and infrastructure projects, the promotion factor is mainly from new rail, road and power infrastructure projects. Construction spending is expected to reach $97.7 trillion over the next decade, with China taking the lead. During the 12th Five-Year Plan period, the construction industry is a period of high level, high level and large-scale development. From the perspective of the global 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 at present and in the future for a long time.

Time is running out for China. It is urgent to implement the strategy of manufacturing power and science and technology power, and realize the overall transformation of China's manufacturing industry, including steel structure engineering.