Core Viewpoint - The Ministry of Housing and Urban-Rural Development has approved a pilot program for steel structure prefabricated housing in six cities in Sichuan Province, aiming to develop a replicable and promotable construction model [1] Group 1: Pilot Program Details - The pilot program will be conducted in Chengdu, Mianyang, Guang'an, Yibin, Ganzi, and Liangshan [1] - The initiative aims to explore a construction model that can be replicated and promoted across the region [1] Group 2: Development Plans and Support - Sichuan Province will formulate a development plan and implementation path for steel structure prefabricated housing [1] - There will be increased policy support and the establishment of a multi-departmental collaborative mechanism to guide market entities in developing and constructing steel structure prefabricated housing [1] Group 3: Industry Coordination - The initiative includes the coordination of the construction of steel structure prefabricated housing industrial bases [1] - It aims to scientifically allocate production capacity and promote the synchronous development of upstream and downstream industries [1]

Core Viewpoint - Guangzhou is set to implement 100% prefabricated construction for residential land starting in 2026, aiming to modernize the construction industry and promote smart building practices [6][7]. Group 1: Policy Implementation - The implementation opinion from Guangzhou's construction bureau mandates that all residential land sold from 2026 must utilize prefabricated construction methods [7]. - Commercial and industrial land will also adopt prefabricated construction where technically feasible, with public areas in new commercial land required to use prefabricated decoration [7]. - By 2030, the total output value of the smart construction and industrialized building industry in Guangzhou is expected to exceed 500 billion yuan [6]. Group 2: Industry Trends - Prefabricated construction is gaining traction in the real estate sector due to its efficiency and environmental benefits, with major companies like Vanke, Country Garden, and Poly Developments exploring this method [4][8]. - The demand for high-quality housing aligns with the advantages of prefabricated buildings, which meet safety and environmental standards [4][10]. Group 3: Market Growth and Challenges - The prefabricated construction industry in China is rapidly growing, with significant increases in production capacity and market activity, as evidenced by a 82.1% year-on-year growth in Hunan province's prefabricated construction output [9]. - Despite the growth, the industry faces challenges such as high costs compared to traditional methods and a lack of skilled professionals, leading to overall low profitability [10].