China’s furniture production increased by 0.4% in 2015
The value of China’s furniture output increased 0.4% year-on-year and the 2015 income generated by the main enterprises rose 9% with a corresponding rise in profitability (+14%). In 2015 the value of China’s furniture exports rose 2% year-on-year to $54.28 billion and there was an 11% decline in furniture imports.
ByLesprom Network
Apr 28, 2016. /Lesprom Network/. The value of China’s furniture output increased 0.4% year-on-year and the 2015 income generated by the main enterprises rose 9% with a corresponding rise in profitability (+14%), ITTO reported.
In 2015 the value of China’s furniture exports rose 2% year-on-year to $54.28 billion and there was an 11% decline in furniture imports.
According to Chinese analysts, bamboo and rattan furniture will play greater role in the development of the furniture industries in China. These raw materials are easier to source than timber and they are fast growing, they mature early and generate high yields of a raw material that is easy to process.
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