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December 6, 2020

China and Hong Kong Quarterly Construction Cost Review
China and Hong Kong Quarterly Construction Cost Review 2020 3rd quarter, published by Arcadis is available now for download. Here are the main points.
China’s GDP grown by 4.9 percent in the third quarter, and the accumulated GDP growth in the first three quarters are 0.7 percent, according to the preliminary statical data from National Bureau of Statistics (NBS). In spite of the globally economic recession triggered by the epidemic, China’s GDP growth firstly reversed to be positive since Q1 2020.
Hong Kong Gross Domestic Product (GDP) recorded negative figures in the fifth consecutive quarter yet a marked rebound in the third quarter of 2020 with a (-)3.5% YoY movement.


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