On 12 April 2019, the Ministry of Housing and Urban-Rural Development issued the Economic Indicators for Green Buildings which can be used as a reference for investment decision-making, and project evaluation. This indicates a trend from the central government that energy savings in buildings will continuously be the focus in coming years.
The newly released indicator is divided into four parts, including the green building incremental cost, green building technology incremental cost, green building demonstration case, and green construction simulated effect picture.
Since May 2017, after the Ministry of Housing and Urban-Rural Development issued the 13th Five-Year Plan for Construction Industry Development stating that by 2020, green buildings should account for 50% of the total, the ministry has been working on energy efficiency and concrete standards have been released continuously, though the definition of Green Building still needs to be quantified. Read more