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On the morning of March 24, 2024, Tianjin held an important meeting with the theme of "New policies for market expansion and implementation of the 'three major projects' in the construction industry". The meeting was hosted by China Construction Engineering Group and brought together experts, business leaders and academic elites in the construction industry. The focus of the meeting was on how to expand the market space of the construction industry and effectively utilize the new investment and financing policies to achieve sustainable development under the current policy environment. The in-depth interpretation and analysis of the famous lecturer Guo Wei in the meeting provided important guidance to the participants.

Market expansion: opportunities and challenges in response to the “three major projects”

In his speech, Mr. Guo Wei first pointed out that the "three major projects" that the country is vigorously promoting at present - renovation of old residential areas, construction of smart cities and restoration of urban ecology, constitute the core areas of future market expansion of the construction industry. These three areas not only provide huge market opportunities for enterprises, but also bring challenges in technology, management and resource integration.

The renovation of old residential areas is an important part of urban renewal, and its market demand covers all aspects from construction to property management. Teacher Guo Wei emphasized that projects in this field usually involve complex technical requirements and coordination of interests of multiple parties. Enterprises need to ensure the quality of the project while effectively controlling costs and progress in order to stand out in the fierce market competition.