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Construction industry observation in the third quarter of 2020 From Joint credit is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

The following is the Construction industry observation in the third quarter of 2020 From Joint credit recommended by And this article belongs to the classification: China’s economy, research report.


In the third quarter of 2020, the construction industry (hereinafter referred to as “construction industry”) will continue to warm up, and the industry operation will return to normal level. From the perspective of micro enterprises, since 2020, the construction industry sample enterprises continue to slow down the investment progress of PPP projects; in the first half of the year, the growth rate of operating income dropped significantly compared with the same period of last year, and the debt burden was further aggravated; construction enterprises accelerated turnover and digested stock projects to obtain liquidity. In the second half of the year, with the resumption rate, new orders, and newly started areas continuing to repair, the landscape of the construction industry will continue to improve, and it is expected that the operating conditions of construction enterprises may be improved.

In the third quarter of 2020, the real estate industry investment continued the strong trend in the second quarter, but under the influence of the marginal tightening of real estate policy since the third quarter of 2020, it is expected that the high growth state of real estate investment in the third quarter may decrease. In the same period, driven by counter cyclical regulation, infrastructure construction investment as a whole shows a continuous marginal improvement trend; it is expected that infrastructure investment will maintain a moderate growth in the fourth quarter. Driven by the above industries, the construction industry is expected to achieve stable growth throughout the year.

In the third quarter of 2020, affected by the central upward trend of capital interest rate, the number of bonds issued by construction enterprises and the amount issued by construction enterprises have decreased on a month on month basis, and the average issuance interest rate of construction industry issuers is on the rise; from the perspective of issuing subject level, there is no fundamental change in the concentration trend of issuers to high-level.

In the third quarter of 2020, the adjustment of the credit rating of the public offering bond market in the construction industry is mainly to be reduced, and the main body involved is private enterprises; under the overall slowdown of industry growth and the trend of continuous differentiation, the solvency of private enterprises with relatively weak status and weak financing ability deserves close attention.

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