Affected by the slowdown in the real estate industry and municipal construction, government investment projects and social investment projects in various regions have experienced significant declines.
According to the semi annual evaluation by the Provincial Department of Construction, the average year-on-year decline in housing and municipal investment projects in the first half of 2024 in the province was 21.
1%.
In order to truthfully reflect the situation of precast construction work and scientifically formulate annual target tasks, the Provincial Department of Construction has issued a notice on adjusting the target area of newly started precast construction in 2024, which will be reduced by 20% on the basis of the original target area of newly started precast construction.
After adjustment, Hangzhou City’s volume was 14.
8 million cubic meters, a year-on-year decrease of 36%.
.