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 DEVELOPMENT OF CHINA'S INDUSTRY |
| The total output of Construction industry got steady growth. In 2006, the National Construction Enterprises completed the construction industry output 4.0975 trillion yuan, 642.3 billion yuan more than the previous year |
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| STATUS OF FOREIGN INVESTMENT |
| According to the statistics released by Ministry of Commerce, in 2006 there were 352 projects using foreign investment in construction industry, down 22.98% under the same period of the previous year. The actually used foreign capital amount was 690 million USD, up 40.35% over the previous year. |
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| COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| In the WTO entry negotiations concerning construction industry, China, based itself as a developing country, persisted in the basic principles of mutual benefit and win-win strategy, and promised to implement the commitments China should undertake as a WTO member country, while try to achieve the maximum of protection of the development of China's construction industry. |
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| DEVELOPMENT OF GLOBAL INDUSTRIES |
| American house construction market is one of the few problems happened in 2006 global economic development. In summer of 2006, American house construction market slides down. Though decline is not so much, the biggest economic market in the world may step into depression as most people worried. |
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