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China Briefings

Reports on China issued by Samsung Economic Research Institute

Development of China's Energy Saving in Buildings

Development of China's Energy Saving in Buildings

Samsung Economic Research Institute Beijing Office

Sept. 18, 2009

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1. The Importance of Green Building Industry

□ Energy consumption in buildings accounts for an increasing share of total energy consumption in China.

•  Buildings, manufacturing sites, and transportation take up the largest share of energy consumption in China.

- In 2008, buildings consumed 27.5% of energy used nationwide.

•  As construction continues to increase, and people pursue comfort in their living environment e nergy consumption in buildings has surged.

- New construction covers 1.6 to 2 billion square meters a year in China, the world's largest construction market.

The Ministry of Construction in China predicts that energy consumption in buildings will account for 40% of total energy consumption in 20 years.

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