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China Underground Space Industry Development Prospects and Investment Strategy Report, 2013-2017

China Underground Space Industry Development Prospects and Investment Strategy Report, 2013-2017

Last Update:2014-04-26

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With the increasing industrialization, urbanization and urban population, as well as decreasing cultivated land, our living space is more and more narrow. Basing on the modern building technology, we move the land utilization space from ground to underground. It can meet the targets of controlling the urban-growth as well as enlarging urban-capacity and living space, and alleviating traffic congestion as well as less taking land. Moreover, by utilization of underground space we can extend urban-capacity and living space. In this way, a development model containing ground and underground is formed.

The population spreads unequally in China that in Beijing and Shanghai the population is 30,000 to 40,000 per square km. The desertification is more and more serious that the area has reached 320 square km. And the per-capita area of cultivated land in China is only 1.2 moa, which is 1/5 of American’s. Space resources are more and more limited. Therefore, it is significant for China to develop underground space in large scale.

In 2010 construction subway in China is 480 km. And the subway investment will be 1,156.8 billion Yuan by 2015 which is 5.93 times of that in 2010. It is predicted that number of construction subway by 2020 will be 173 with a total mileage of 6,200 km; it will be 289 by 2050 with a total mileage of 11,700 km which means more than a half of the total subway mileage in the world currently.

At present, development of China underground space is taking shape. China is a country with the biggest number and fast development speed of tunnels and underground projects in the world. The China-Kyrgyzstan-Uzbekistan railway and the Trans-Asian Railway contain subway sections. The hydropower engineering, West-to-East natural gas transmission project, and development of urban space all utilize the underground space. Besides, projects like LPG underground water sealing stores and under water tunnels are more and more frequent. Among the projects, there are highlighting projects like Fujian Xiang’an Undersea Tunnel and Tianjin “utility tunnel” which is the first channel to go through sea and river.

Development trend of underground and over-ground commercial real estate in current years is booming. The tightening land resources, increasing prices and environmental conservation stress higher the development cost of urban over-ground commercial facilities. The small and medium size merchants can hardly afford the rapidly growing rental. It is an irreversible trend to develop the underground commercial real estate. Beijing is the first city to operate the underground commercial space cooperating by real estate developer and mall operator. And there are large scale underground commercial projects which are under construction in Shenyang, Chengdu, Shenzhen, Xi’an and Guangzhou. For China first and second tier cities, the underground shopping streets have become the hotspot when the over-ground business street movement is popular in the third tier cities.

As the beginning year of the “twelfth five years”, there are some changes in China economic development model, industry structure, and regional development status in 2011. And as an important breakthrough to settle the shortage of land resources, the underground space industry has a bigger influence from national macro-economy and guiding policies. It will show new features and enormous potentials. Accordingly, it is important for corporations to accurately handle the industry features as well as industry development trend.

With Forward’s the long-term tracking and collecting market data of underground space industry, we roundly and accurately analyze the structure system for you from the view of mastering the whole industry. This report will base on the macro condition of current underground space industry, production and marketing condition, industry demand trend of auto industry, then detailed analyzes the current market capability, market scale, development speed and competitive landscape of China underground space industry.

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of underground space industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of underground space industry. This report contains a high value for enterprises like underground space corporations, R&D institutions, and investment corporations to accurately know the latest industry development trend, obtain market opportunities and determine an insightful operation strategy and development direction.

Here, we’d like to express our sincere gratitude to National Statistics Bureau of China, International Information Institute, National Institute of the Ministry of Commerce, National Tsinghua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Tsinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center

Research Team of Underground Space Industry


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