Abstract
China, currently the second largest economy in the world, has experienced significant economic development in the past 30 years, benefiting from the “reform and opening-up” policy. China’s Gross Domestic Product (GDP) has jumped from Renminbi (RMB) 364.52 billion (approximately US$60.36 billion) in 1978 to RMB51,894.2 billion (approximately US$8262.2 billion) in 2012 (NBSC 2013).
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Zhao, X., Hwang, BG., Low, S.P. (2015). The Chinese Construction Industry and Firms. In: Enterprise Risk Management in International Construction Operations. Springer, Singapore. https://doi.org/10.1007/978-981-287-549-5_2
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