{"id":87036,"date":"2023-11-23T07:42:33","date_gmt":"2023-11-23T07:42:33","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/chinas-timber-industry-is-accelerating-driven-by-new-policies-in-real-estate-and-infrastructure\/"},"modified":"2025-09-18T17:27:09","modified_gmt":"2025-09-18T17:27:09","slug":"chinas-timber-industry-is-accelerating-driven-by-new-policies-in-real-estate-and-infrastructure","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/chinas-timber-industry-is-accelerating-driven-by-new-policies-in-real-estate-and-infrastructure\/","title":{"rendered":"China\u2019s timber industry is accelerating driven by new policies in real estate and infrastructure"},"content":{"rendered":"

Since the beginning of this year, the Chinese government has rolled out a series of policies to support the development of real estate and household furnishing industries such as the \u201cNotice on Several Measures to Promote Household Furnishing Consumption\u201d and the \u201cCircular on Optimizing the Criteria for the Recognition of Housing Units in Personal Housing Mortgage\u201d. The effect of these policies is having an impact and driving the development of the timber market in China.<\/span><\/p>\n

China's timber enterprises saw an increase in both orders and production volume with the the Global Timber Index (GTI)-China index registering 55.2%, an increase of 18 percentage points from the previous month.<\/p>\n

Data released by China\u2019s National Bureau of Statistics showed in the first three quarters of this year China's gross domestic product (GDP) reached 9.13 billion yuan, a year- on-year increase of 5.2%.<\/p>\n

Final consumption expenditure contributed to 94.8% percent of economic growth, driving GDP growth by 4.6 percentage points; the total retail sales of consumer goods reached 34.2 trillion yuan, a year-on-year increase of 6.8%; besides, the value created by the service sector increased by 6.0 percent year-on-year, and the per capita service consumption expenditure of residents grew by 14.2 percent year-on-year, indicating the pace of the recovery exceeded expectations.<\/p>\n

On 2 November the National Development and Reform Commission and other government agencies issued a three-year action plan to speed up substituting plastic with bamboo, encouraging public agencies to actively purchase relevant bamboo products that replace plastic and in the fields of daily necessities, culture and tourism, encouraging the use of shopping bags and stationery made from bamboo instead of plastic.<\/p>\n

The three-year action plan also points out that the overall added value of the main products substituting plastic with bamboo shall increase by at least 20% by 2025.<\/p>\n

In October this year, China's timber industry showed stable and sound development momentum, driven by a series of policies for stimulating the real estate market and encouraging infrastructure investment in China.<\/p>\n

GTI-China enterprises reported that both production volume and domestic orders increased compared with the previous month, the import of raw materials such as wood was more active, and the prices of timber stopped falling and stabilized.<\/p>\n

However, on the other hand, the international demand was still relatively sluggish, and orders from overseas decreased compared with the previous month.<\/p>\n

In October the GTI-China index recorded 55.2%, an increase of 17.9 percentage points compared to that of the previous month, rose above the critical value (50%) after one month, indicating that the business prosperity of the timber enterprises represented by the GTI-China index expanded from last month.<\/p>","protected":false},"excerpt":{"rendered":"

Since the beginning of this year, the Chinese government has rolled out a series of policies to support the development of real estate and household furnishing industries such as the \u201cNotice on Several Measures to Promote Household Furnishing Consumption\u201d and … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":49943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nChina\u2019s timber industry is accelerating driven by new policies in real estate and infrastructure - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/chinas-timber-industry-is-accelerating-driven-by-new-policies-in-real-estate-and-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s timber industry is accelerating driven by new policies in real estate and infrastructure - 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