world news - 31.05.2007
Shenyang furniture industry begins large scale imports of US hardwoods
China has become a major importer of US hardwoods for three consecutive
years. This is due in part to growing demand for natural timber and
wood products from furniture production bases in China, especially
those in Liaoning Province. Ms. Bai Hong, Secretary General of Liaoning
Provincial Furniture Association, said that output value of furniture
in Liaoning Province had reached RMB 18 billion (USD 2.35 billion),
creating RMB 1 billion (USD 130 million) of foreign exchange in 2006,
up 20% from 2005. The cost of
importing US hardwoods was cheaper than that of other imported timber.
As a result, US hardwood species had become a more popular choice for
furniture manufacturing enterprises in Liaoning province.
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