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Green building standards are improving day by day the space for trillion yuan of growth is expected to open up

Recently, the 2019 China green building and building energy conservation technology innovation peak forum was held in Beijing. At the forum, people discuss and communicate in-depth about China's green building and some new building energy conservation technology.It is estimated that by 2020, the new built green building market will reach an incremental scale of 210 billion yuan, with an average annual compound growth rate of over 24%.

Green building refers to the building that maximizes energy saving, land saving, water saving and material saving in the whole life cycle of the building.They protect the environment, reduces pollution, provides healthy, applicable and efficient space for people, in which people live in harmony with the nature.At present, China’s buildings are in the stage of comprehensive development from building energy conservation style to green style. The implementation of a large number of policies and regulations will form a relatively complete green building standard system.

According to the opinions of the CPC central committee and the state council on further strengthening the management of urban planning and construction, building energy-saving technologies should be popularized, urban energy-saving projects should be implemented, and energy-saving urban construction should be promoted.In addition, according to the outline for the modernization of the construction industry, prefabricated buildings will account for more than 20 percent of new construction by 2020 and more than 50 percent by 2025.

In recent years, green building regulations have been introduced to support the development of green building industry.Beijing, Shanghai and Jiangsu started their own green building action plans in 2013.From March to April this year, Guangdong and Zhejiang have also promulgated relevant design evaluation standards and industrial regulations.

With the rapid development of cities in China, the demand for green buildings and building energy conservation is increasing day by day.The market contains huge business opportunities.Statistics bureau data shows that the total output value of China's construction industry in 2015 was 18 trillion yuan, accounting for 26.6% of the GDP.The government released a series of infrastructure construction targets in 2016, proposing that the urbanization rate of permanent residents should reach 60% by 2020.As an important force for maintaining stable economic growth, the introduction of infrastructure targets will provide a solid guarantee for the growth of the construction industry in the future.

The energy consumption of the construction industry accounts for 34% of the total social energy consumption in China, and it will become the primary object of social energy conservation and emission reduction governance.According to the 13th five-year plan, the proportion of total new green building area will rise from 20 percent in 2015 to 30 percent in 2020 to the total new building area.It is estimated that by 2020, China's completed construction area will reach 5.854 billion square meters, and the new green construction area is expected to reach 1.756 billion square meters.

China's green building industry is currently in the stage of rapid development, with a low market concentration and a large number of subdivided industries. In general, it can be divided into four subdivided industries: building intelligence, building energy conservation, landscape architecture and building industrialization.By 2020, the four industry segments will account for 40 percent, 20 percent, 22.5 percent and 17.5 percent of the green building market, according to the agency.With the growth of the overall market size of green building, these subdivided industries will also usher in a broad market incremental space. 

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