Industry Analysis & Industry Trends
China's urbanization rate increased from 45.7% in 2008 to 53.7% in 2013. The resulting fast development of the real estate market created huge demand for construction wood, wood for decoration, and wood furniture. The rapid development of transportation infrastructure also raised demand for special timbers and sleepers. These factors have benefited the Sawmill industry, which has been performing strongly. Industry revenue is set to reach $11.6 billion in 2014, reflecting 12.4% annualized growth over the past five years.
Due to inadequate supply, low quality, and the uneven distribution of Chinese forest resources, demand for industry products surpasses supply. Therefore, China imports sawn timbers and sleepers to satisfy market demand.... purchase to read more
Industry Report - Industry Locations Chapter
Jilin province is estimated to capture the largest share of total revenue, enterprises and employment in 2014, 18.0%, at 14.1% and 20.0% respectively. Due to its geographic advantage and government assistance, the industry has been developing rapidly in Jilin.
Jilin is situated near the Changbai Mountains and abounds in natural forests. Its proximity to supply of materials helps to contain transportation costs. The Jilin government also promotes technology applications like numerical control projects for timber processing machines, and encourages advanced logging and processing technology to achieve cost leadership... purchase to read more