SectorIndustryReportPAGEiiCopyrightCIEC2002AllRightsReservedOutlookonChina'sBuildingMaterialsIndustryChinaInternationalEconomicConsultants(CIEC)April15,2002DevelopmentandProspectofChina’sBuildingMaterialsIndustryin2001Buildingmaterialsindustryiscloselyrelatedtothedevelopmentcycleofthenationaleconomy.Inrecentyears,Chinahasimplementedaseriesofpoliciessuchasthepro-activefiscalpolicyandtheexpansivemonetarypolicy.Accordingly,thenationaleconomicgrowthhasrallied.Whiletheworldeconomygenerallyslidbyawidemargin,ChinastillmanagedtoachievearelativelyhighGDPgrowthrateof7.3%in2001.Underpinnedbythefastnationaleconomicgrowth,theeconomicoperationqualityofChina’sbuildingmaterialsindustrycontinuedtoimprovesteadilyin2001onthebasisofasubstantialreboundin2000.Accordingtolatestmonthlystatistics,thebasiceconomicoperationsituationofthebuildingmaterialsindustryin2001wereasfollows:theyearlyindustrialaddedvaluehit102.3billionyuan(referringtostate-ownedindustrialenterprisesandnon-stateownedindustrialenterpriseswithannualsalesofover5millionyuan,andthesamebelow),up11.65%overthepreviousyear,whichwasslightlyhigherthanthegoalof9-10%setattheendof2000;theyearlysalesrevenueamountedto314.6billionyuan,up11.07%overthepreviousyear;theyearlyprofitstotaled11.891billionyuan,up26.81%overthepreviousyear,whichwasslightlymorethanthegoalofabout11billionyuansetattheendof2000;theannualimportandexportvalueofbuildingmaterialsandnon-metallicmineralcommoditiesstoodat5.672billionUSdollars,up12.12%overthepreviousyear,ofwhichexportaccountedfor3.3billionUSdollars,up15.11%;theoutputofcementreached621milliontons,up6.5%yearonyear;theproductionofplateglasshit204millionweightcrates,up14.48%yearonyear.For2002,theentirebuildingmaterialsindustrywillmaintainsteadygrowthsupportedbysteadynationaleconomicgrowth.Numerousfavorablefactorswillpropupoverallgrowthofthebuildingmaterialsindustry,althoughsomeunfavorablefactorswillrestrainitsfurtherdevelopment.Structuraladjustmentamidcontroloveraggregateoutputwillstillbet