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November 22, 2018

Outlook of the Chinese furniture industry

The furniture industry in China is a traditional industry and it has developed rapidly over the past 30 years. Large scale furniture enterprises are mainly concentrated in Guangdong, Zhejiang, Fujian, Sichuan and Shandong Provinces and 5 major furniture manufacturing zones have been established in the Pearl River Delta, the Yangtze River Delta, Circum-Bohai-Sea region, Western region and Northern region, accounting for 50%, 15%, 10%, 10% and 5% respectively of the total output value of national furniture industry.  However, the number of unprofitable furniture enterprises has been increasing in recent years due to a slowdown in the ...

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