US
Dollar Exchange Rates of 30th Sep.
2007
China Yuan
7.506
Report from China
China prohibits five kinds of forestry industries
The latest edition of the journal The Key Points of China¡¯s Forestry Industry Policies said that
China will restrict or prohibit specific types of forestry industry development.
The following projects will be restricted: projects focused on the production and use of disposable wooden
products and wooden packages made of high quality timber; projects to process wood and
bamboo with lower comprehensive utilization rates; any single production line
to develop new high and medium density fiberboard that has an annual output less than 50,000 m3; any
development of a single production line that has an annual output less than 30,000 m3; and
products to develop a gum resin production line that have an annual output less than
1,000 tons.
Five kinds of forestry industry development have been prohibited by China. First, China will
prohibit the use of obsolete technology, equipment and products. Second,small sized
wood-based panel enterprises, small sized resin production enterprises using outdated
methods, the and production of wet processing fiberboard and wood products not meeting
national quality standards will be prohibited. Third, China will also not allow tourist
activities and activities involving the collection of forest products such as medicinal plants that exceed the
ecological carrying capacity. Fourth, pulpwood plantations will not be established in regions
suffering severe water shortages. Finally, China will prohibit the cutting of
natural forests, especially tropical rainforest and monsoon forests, to provide the raw materials for large scale
industrial use.
Furniture associations establish World Furniture Federation in Shanghai
On 10 September 2007, the World Furniture Federation was founded and approved at Shanghai International
Center by furniture associations from over 50 countries. Mr. Calixto
Valenti, Chairman of the European Furniture Federation, was elected as the new Federation¡¯s first
president. The World Furniture Federation is the third international organization founded in
Shanghai, after the United Nations Economic and Social Commission for Asia
and the Pacific (UNESCAP) and the Shanghai Cooperation Organization.
Furniture exports expected to top USD20 billion
Mr. Jia Quingwen, President of the China Furniture Association, said he expected the export
value of China¡¯s furniture to top USD20 billion in 2007. Currently, the output of solid wood
furniture makes up about 32% of total furniture outputs. The export value of China¡¯s
furniture in 2006 exceeded US17.4 billion, accounting for 19% of the world¡¯s total. The annual growth rate of
China¡¯s furniture export value was 23% from 2000 until 2005. China¡¯s furniture is exported mainly to the US
(46%), Asia (25%) and Europe (20%).
China had also developed its domestic furniture manufacturing industry, forming five major
furniture production zones in the north east, north, east, south and west. The zones were
distributed in the eastern coastalregions from North to South. Both export-oriented
furniture production enterprises and large scale production enterprises are concentrated in these areas.
Furniture in the western zone is mainly focused on the domestic market. The areas with the
highest furniture production capacity and export values are in south China (mainly
Guangdong) and east China (Zhejiang and Jiangsu). There were 50,000 furniture enterprises with employees
of 50,000 and output value of USD54 billion in 2006.
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