Managing Construction Industry Development in China

Publication Type:
Conference Proceeding
Citation:
AACE International. Transactions of the Annual Meeting, 2003
Issue Date:
2003-11-20
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The management of the construction industry of China is discussed. After the economic reforms in China, state finance has been replaced by a combination of bank loans, self-raised funds by companies and finance through international ventures. Globalization has also ensured the introduction of an opening tendering system, encouraging competition and efficiency.
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