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Window of opportunity in green buildings

By Li Jing and Yu Tianyu | China Daily | Updated: 2008-04-01 07:45
Window of opportunity in green buildings

Under the global challenge of climate change, the growing awareness of green buildings in China not only bodes well for the environment but also means enormous business opportunities.

With the largest construction market in the world, China's building area has been increasing by 2 billion sq m each year, nearly half of world's total. It is estimated the construction industry will take up 40 percent of the country's total energy consumption by 2020 to become the largest energy user.

This also means a huge potential of the green construction market, with an estimated value of 1.5 trillion yuan, according to Qiu Baoxing, vice-minister of housing and urban-rural construction.

Window of opportunity in green buildings

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