TITLE:
Evaluation Study on the Level of High-Quality Development of the Construction Industry in Henan Province of China
AUTHORS:
Ximei Kong, Zhiyuan Feng
KEYWORDS:
Construction Industry, High-Quality Development Evaluation
JOURNAL NAME:
Open Journal of Applied Sciences,
Vol.13 No.3,
March
21,
2023
ABSTRACT: Based on the data of the construction industry in Henan Province, China, from 2005 to 2020, the
high-quality development level of the construction industry in Henan Province is measured. Firstly, this paper constructs
the indicator system based on the high-quality development theory and the
characteristic of the construction industry from seven
dimensions: industrial scale, industrial efficiency, industrial benefits,
industrial innovation, industrial risk, industrial potential, and the green
development of the construction industry.
Secondly, using the global principal component analysis (PCA) method to
measure the high-quality development level. Thirdly, cluster analysis is
applied to measure the relative changes of various dimensions in different
stages. The results show that overall the high-quality development level of the
construction industry in Henan province is increasing, but different indicators
perform differently in various stages, and the changes in real estate policies
have a significant impact on this. Finally, based on these findings, we think
it is better to reduce real estate dependence, promote the application of new
materials and technologies and maintain the stability of real estate policies.