GRP Value Added in Construction

(100 Million Yuan)

Jiangsu is the top region by value added in construction in China. As of 2022, value added in construction in Jiangsu was 7,378 100 million yuan that accounts for 8.83% of China's value added in construction. The top 5 regions (others are Shandong, Henan, Fujian, and Guangdong) account for 36.54% of it. China's total value added in construction was estimated at 83,521 100 million yuan in 2022.

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What is value added in construction?

Value-added of Construction refers to the final result of the activities of production and operation of enterprises of the construction industry in monetary terms during the reference period. Currently using the income method to calculate value-added of construction, that is, from the perspective of income, according to factors of production in the production process deserve revenue share calculation.