China’s forestry trade volume reached $70.97 billion in the first half of this year, up 10.8 percent year on year, official data showed Monday [3 July 2017]. Total value of the forestry sector’s output reached 2.77 trillion yuan, up 7.4 percent year on year, according to the State Forestry Administration (SFA)…Full Article: China Daily July 2017
- By 2020, according to China’s 13th Five-Year Plan (2016 to 2020), the country hopes to have its forestry output reach CNY 8.7 trillion [~USD 1.3 trillion] in value.
- From 2001 to 2015, China’s forestry output grew from CNY 409 billion [~US$49 billion] to CNY 5.9 trillion [~US$909 billion].
- In March 2015, China announced it would halt commercial logging of natural forests in key areas by 2020. As of March 2015, China had 4,855 state forest farms non-cultivated land. In addition, China had approximately 87 “key forest zones” that produce logs.
- In April 2014, Heilongjiang Province announced it would ban commercial logging of its natural forests. Heilongjiang Province has 18.5 million hectares of (state-owned) forests.
- In 2013, China produced 84.3 million cubic meters of timber. Guangxi Region accounted for 27%, or 22.8 million cubic meters, of China’s total timber output. Neighboring Guangdong Province accounted for 10%, or 8 million cubic meters, of the country’s total timber output.
- In 2011, China produced 81.4 million cubic meters of timber. China’s timber production is largely located in the southern regions of the country. In 2011, Guangxi province produced 15.2 million cubic meters of timber or 19% of China’s total timber output. Guangdong province produced 7.3 million cubic meters (9% of China’s output), while Hunan, Fujian, and Yunnan provinces produced 5.9 million to 5.3 million cubic meters of timber (7% output each).
Hong Kong Trends