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January 23, 2019

Chinese forestry sector output reached US$1.1 trillion in 2018

China's forestry sector output reached 7.33 trillion yuan (about 1.1 trillion U.S. dollars) in 2018, 2.88 percent up from than in 2017, according to China's National Forestry and Grassland Administration.  The growth came amid the country's ongoing drive for environmentally-friendly development, as the government banned grazing on degraded grasslands, increased financial input and stepped up law enforcement in the sector.  China's desertified land has shrunk by 10 million hectares since 2012, while nearly 34 million hectares of forest has been planted, bringing the national forest coverage to ...

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