The development path of the construction industry shows a repetitive pattern of deviations from and adjustments back to its equilibrium or linear trajectory. Its development path is in a forward wave. The development trend of the construction industry will directly and significantly affect the operation of the national economy. This talk explores the possible factors that influence the development of construction industry and attempts to describe the state of volatility of the construction industry using multi-index statistics from 2003 to 2017.
Yanfang Sun is Assistant Professor of College of Architecture and Civil Engineering, Taiyuan University of Technology. She holds a Ph.D. and MS in Civil Engineering Management from Xi’an University of Architecture and Technology in China. Her research interests include prosperity analysis, building cycle fluctuation, information management and BIM.