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al savings exceed 10 trillion RMB (about trillion US dollars) with per capita ine 17 times higher than before. ? Percentage of personal purchase of residences raised from % to %, with annual area of pleted residence averaging 680 million M2. ? Per capita residence area expanded from to . Market Demand in China The general demand on major building products in China has consecutively been ranking the first in the world, the per capita consumption index is close or above world average level ? General turnover of building and decoration industry is growing at the speed of 20% per year. ? By 2023, the demand on building and decoration materials would exceed 650 billions RMB (about 80billions USD) and by 2023 the turnover of building products sector would reach 1 trillion RMB (about 130billion USD) and bee the main growth center of the domestic economy. ? In 2023 the consumption of stone products in China reached 100 million m2, making China the first consumption country of stone building materials in the world, with the import value of over 500 million US dollars. ? China has bee the 3rd largest paint producing and consuming country, with annual consumption exceeding 2 million tons, market size beyond 20 billion RMB(about 3 billion US dollars) and it’ s still growing at the speed of 20%30% per year. Market Trend in China Promoting the usage of green environment friendly building products have a lot to do with the sustainable development of the industry. ? The market space for environment friendly paints is huge in China. According to analyst’ s forecast, in 2023 the global demand on paints will grow at % per year, while China’ s growing rate would be % per year, by 2023 it will reach 3 million tons. ? The demand on environment friendly and energy efficient building materials in China will exceed 2 billions US dollars in the years to e. The Organizing Committee of Beijing Olympics has released at the end of 2023 the Environment Protection Guidelines of the Olympic Project Engineering – Green Building Products Technical Requirements ? The integration of global economy encourages China to introduce more advanced technologies and products from developed countries, and this would foster innovations in domestic building industry and contribute also to the balance of international trade, especially the bilateral trade between United States and China. The 2023 Olympic Pie According official data, from 2023 to 2023, the accumulated investment needed in Beijing would exceed 15 trillion yuan (200 billion US dollars) and direct Olympic related