This report examines the impact the economic reforms have had on cost management practices in the Chinese construction industry.

The enormity of this economic change presents many challenges in terms of cost engineering education, professional development and professional standards. Many opportunities are presented for cost management professionals both within China and around the globe as the market is now open to international participation. Accordingly, the research examines how the industry has managed this rapid transformation in cost management practices, identifies the main issues and problems and develops recomendations.




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