Cities, Buildings and Investment
Cities will need annual physical capital investment to more than double from $10 trillion today to $20 trillion in 2025.
By 2025, cities will need to construct floor space equal to 85% of all residential and commercial building stock today. This is 44 billion square meters. The urban building boom will require a cumulative investment of $80 trillion.
Note - If Broad Group of China gets with partners and franchisees to 30% of commercial construction by 2020, then they could make it up to 15-20% of the cumulative building volume from now to 2025.
Container port volume will rise 2.5 times from 2010 to 2025.
Urban municipal water demand will rise 80 billion cubic meters (40% more than today urban global level).
China is urbanizing at 100 times the scale and at ten times the speed of Britain in the 18th century. This is before the impact and speedup that will come with factory mass produced skyscrapers.
Urban high income (over $70,000 PPP per household) will also be impacted. This will increase from below 20 million households in 2010 to over 60 million in 2025 in the Emerging 440 cities. China will account for 19% of the new urban high income households.
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