Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Wednesday, August 14, 2013

China's Development Landscape

As a transportation planner, I am not too well-versed in the world of residential or commercial construction. I focus more on how people get from home to work, than the buildings that contain one's home or work.

However, since coming to China, it's almost impossible to ignore the construction bonanza that's going on here. The cranes are everywhere. Some projects seem reasonable, while others seem completely over the top. Furthermore, the break-neck pace at which all the development is happening raises some significant concerns about environmental impact, safety, and economic repercussions.
The cranes are everywhere!
Environmentally, China does have a green building standard, overseen by the Ministry of Housing and Urban-Rural Development. Here's a great (sort of wonky) blog post comparing the China standards to the US Green Building Council's LEED standards. The standards are not mandatory (neither are the LEED standards) so the impact is necessarily limited, and dictated largely by demand. I don't have enough access or exposure to the process of construction to make sweeping claims about environmental impact, but from a pollution standpoint, I can't imagine it's helping the recent sky-high rates of particulate matter.